XAO 1.61% 8,150.1 all ordinaries

STTCOMP SAS, TA Long Market Cap: $150 Million On the weekly...

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    STTCOMP SAS, TA Long

    Market Cap: $150 Million
    On the weekly looks like basing in the last few weeks. Shorter candles and volume seems to gave dropped off.
    The last week look like some indecision in the candle.

    The ultimate questions is we have a falling wedge (bullish) or descending triangle (bearish).
    Breakout.PNG


    I'm leaning towards bullish because on the daily there seems to be bullish divergence (MACD).

    Breakout2.PNG

    If there is a breakout then I will use the red line in the weekly chart as my target.
 
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