STT sideway long time then up.
Historically, after the MA50 crosses the MA200, the price will move sideways in a band below the MA200 for at least 120 trading days. With chart frame Day.
The price now: $81.22 (04.17.2022).
Price band: $84.24 - $75.50.
If breakout Up, price target: $90.18.
If the price closes below $72.81 (04.07.25), this idea fails.
IMO.
Historically, after the MA50 crosses the MA200, the price will move sideways in a band below the MA200 for at least 120 trading days. With chart frame Day.
The price now: $81.22 (04.17.2022).
Price band: $84.24 - $75.50.
If breakout Up, price target: $90.18.
If the price closes below $72.81 (04.07.25), this idea fails.
IMO.
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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.