STLTECH near breakout
STLTECHEverything is clearly illustrated in the chart
STLTECH is about to give a huge breakout:
We can see multiple patterns forming in the longer time frame (Weekly chart) that include:
- Inverted H&S Pattern
- Cup and Handle Pattern
- Rounding bottom pattern
The volume is also contracting, it seems to be on a verge to give a volume burst
The stock is expected to go higher once it crosses the resistance in the zone of 310-320
So, enter once it crosses the level mentioned
SL = 265
T1 = 400
T2 = 500
T3 = 600+
To motivate me, Please like the idea If you agree with the analysis.
Happy Investing 👍
Warning: This is just an educational idea, consider your financial advisor and make a wise decision accordingly, you are solely responsible for your P/L
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