I recently bought into STX as I believe the price looks ready to break a very crucial level... Mid-term resistance.
STX price needs to break around 35¢ to break through mid-term resistance and this will potentially see STX retest long-term resistance...
A retest of long-term resistance will see STX hit a new all time high... and even better go on a price discovery mission.
I think 250% gain is achievable in 2022 with a target around 70¢... My chart below.
I have no idea what this stock does as out of principle I never read the announcements on any stock I own... I am 100% technical BUT to achieve my targets a bullish announcement should be released to create the buying frenzy from the retail market.
These are my thoughts and why I bought STX.
Expecting to see heavy buying after the break of 35¢.
Something BIG is coming...ᕙ( $ ‿ $ )ᕗ
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $572.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $1.339M | 6.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 674181 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 741329 | 6 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |