STC - Falling Wedge
Updated
On the chart, we can see a falling wedge.
Breakout has already happened, so we will enter a long position.
RSI is showing bullish divergence, and therefore we have confirmed a long position
The target will give a ROI of 14%
Good luck!
Breakout has already happened, so we will enter a long position.
RSI is showing bullish divergence, and therefore we have confirmed a long position
The target will give a ROI of 14%
Good luck!
Comment
Previous downsloping resistance now is acting as a support. Good for bulls.
💥 Free signals and ideas ➡ t.me/vfinvestment
Related publications
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.