$STEM long idea - PT 30.28, 36Broke downtrend with significant volume, followed through and is closing above 26.6
STEM trade ideas
$26 resistance$26 resistance on STEM, take profit. Don't you think it's a good idea to take profit instead of letting it run away
STEM - BOTTOM SHOULD BE IN STEM - 12/17/21 20C - $3.40
PT: $26.86 - $$28.45
SL: $20.50
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Long Term Leaps for Larger Move: 01/20/23 20C - $7.25
SL: $20.50
PT 1: $56 and Final PT: $64 - $78
STEM - Long Term Hold
Weekly chart looks good trading within symmetrical triangle. Support levels below are 21.42 and $19.25. Will initiate a 1/5th position here on a 5% allocation.
Mid-term target: 48-56 as long as $16 holds W2 low.
Longer term target: 68-85 assuming W2 low holds.
STEM indicating major buy setup!Retracement and consolidation cycle is completed after strong buy activity over recent weeks. Buy targets shown below for gap fill levels. Cycles indicate this is the bottom. Any fall below 20$ would invalidate the setup. Buying Sept 25$ call option contracts on this stock!!
🟡 WATCHING $STEM for ENTRY TARGET @ 29.39WATCHING $STEM for ENTRY TARGET @ 29.39
@Mbehr123 - here's an update on STEM... it made slightly higher highs so entry has been adjusted accordingly ☺️
I will repost when it get’s closer if it goes that way and if it makes higher highs I’ll repost with new entry.
Look to the right. ENTRY target in grey. Sell target in green. Double position target in red. That’s it.
STEM - possible break to the downside?Rising wedge + spinning top at a resistance level + RSI divergence on the daily = could it potentially break to the 25 area?
WATCHING $STEM for ENTRY TARGET @ 28.58 (REQUEST)WATCHING $STEM for ENTRY TARGET @ 28.58
I’m practicing to nail my entries even better… if target hits I will take a position.
@Mbehr123, here you go. This is just what I would do, obviously anything can happen... and if it pushed up a little more I'll adjust the entry target... but so far, from the high's it has made this would be my game plan here. ☺️ Hope this helps.
$STEM Two new partnerships, 2x Rel. Vol., looking to fill gap$STEM MOU w/ CleanCapital granting financing partnership & first refusal rights for new and retrofit solar PV opportunities. Altus Power America agreement to Provide Energy Storage to Massachusetts Solar Project. 2xRel. Vol. Looking ready to fill the gap.
investors.stem.com
$STEM - breaking out target $36Reversal from Head & shoulder. Climbed above the neck line while breaking out from descend wedge.
Target - $36
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
stem change in trendstem has broken the downtrend. Also showing bullish divergence on the rsi. short term PT is the 4hour 200ma @ $28.50ish
$STEM Technical Analysis$STEM KEY LEVELS
White Lines = Supports
Yellow Lines = Resistances
Purple Line = Point of Control
STPK to STEM - Breakdown or dance around?Marking out some support and resistance levels I see.
I feel this could drop to $13-17 price range by June/July with any wider market sell-off.
If the stock does stay lukewarm based on current conditions, I think we'll see $30-35 as a key resistance levels.
The price action is almost filling up a wedge, but I feel this wedge will extend a bit longer, hopefully following the trendline upward. Either ways, I don't think we'll see $50 again in 2021 because the company has a long way to go (and grow).
For the very long-term (5+ years), this company does seem bullish from a fundamental viewpoint.
Good luck!
