Technical Trades
Technical Analysis applied to Stocks and Futures.

STEM bullish

It’s rallying pretty well today. It’s at some daily band resistance here at $2.53, so I’d be looking for a pullback to buy into; perhaps the green or yellow support lines. But lots of bullish triangle break patterns over multiple time frames and multiple angles for STEM. I’d be targeting $4.50, then $6.00, then $12.00 for the long-term trade. Stop on the bias under $2.00.

STEM - Candle 4m30d_1d 2006-10-16 115143.GIF
STEM.gif

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