STM = Text book Trading
Now is a good time to short, STM has been on long term down trend, with tight stop can have good profit.
Trade active
A few more days testing support of 17.48, if not hold, 12.xx is expected.Note
Excellent gap, target 12.45 is expected.Trade active
Yes, Bounce is expected around 12.65, but further drop is expected, as low as 7.xx.Trade active
Move target to 11.45, still keep the short since 18.75
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.