STX Charts, page-1158

Well I've gotta say well done to Cheeky. You called it well ahead of time and held your ground and also backed it up with substance charting. I respect that.

Love to see you tone down the commentary a bit but nicely played on the trade.

Focus now should shift to recovery mode, I would certainly not encourage anyone to try and pick the bottom as the market will always slap you for that but a safe entry should be forth-coming. The shorter time frame charts will give you a "pay attention" signal but I'd reckon you'd want confirmation before an entry. IMO.

Really need to see some green candles crossing above the 8 and 20ema's. The 30min chart has printed it's first but I'd want to see volume and a crossing of that yellow 8ema. IMO.



Check out how oversold RSI is on the below lower chart. The stock has virtually re-rated so that is not uncommon for RSI to spit out of normal ranges but it won't stay there for long IMO.