Long

STX STILL IN AN INVERSE HEAD AND SHOULDER PATTERN

Updated

STILL in an inverse head and shoulder pattern with right shoulder still forming.

Neckline resistance: 0.79 - 0.81
A breach of neckline resistance will lead to higher prices: $1, 1.21, 1.31

Else #stx will retest previous support at 0.43
Stacks Current price: 0.63

Note

needs to stay supported at the current price around 0.6 to retest the neckline resistance..
Else #stx may retest previous bottom at 0.43

Trade closed manually

Inverse head and shoulder pattern INVALIDATED!

Ifiok-2sydes

Also on:

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.