Technical Trades
Technical Analysis applied to Stocks and Futures.

STEM taking profits

STEM has been a long in the technicaltrades.net portfolio since the correctives in October. It’s nicely green now; +29%.

Based on the action on the daily, the fact this may be a ‘b’ up before a ‘c’ corrective, I’m taking the +29% profit off the table and will buy the ‘c’ dip at $2.85 if it’s offered.

Chart of STEM.gif

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