$STX Stacks after over 50% retracement... What Next?
Updated
STX STACKS has recently done over a 50% retracement from an all time high of about $3.8Current Price: $2.2
Stacks current price action is currently trying to break out of its falling channel for higher prices
Up resistances: 2.4, 2.9, 3.3, 3.6 then possibly new price discovery at 4.0, 4.4, 4.7, 5.1
A failed breakout of channel will lead to retest of support at 1.8
Note
STX retested support at 1.8 and bounced off...Note
Up resistances: 2.4, 2.9, 3.3, 3.6 then possibly new price discovery at 4.0, 4.4, 4.7, 5.12.4 hit!
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