The thing about stochastic is that it never tells u when a trend...

The thing about stochastic is that it never tells u when a trend reverses. It just keeps zigzagging along the overbought zone if a sustained breakout occurs. Most disciplined traders wud hv sold at the resistance or when overbought and wait for a clear break before going in again. Stochs works well when trading within a channel. Be careful this thing might stay overbought and u might sit on the sidelines waiting indefinitely.

Secondly this stock has just poked out of the resistance....it hsnt done this in a while so ill probs hold on until the new support/old resistance fails to hold.

Just my opinion.