STT Comp JCS, TA Long
Netsuite distributor
SP: 2.3c
M/C: $7.6M
Been pulling my hair out the last few weeks with this one as it kept making a fool of me but think it is due for a bounce from here.
-Today's bar while notionally bearish is deceptive due to last minute selldown. VWAP today was 2.44c
-Stochs turned positive and still oversold
- Bullish divergence on MACD
- MACD ZL turned positive
- Slight uptick in volume off most recent low.
- Top white tyne has been most recent resistance but with the amount of soaking that has taken place, must break down sooner or later.
- Latest pivot before yellow median bullish if sustained.
- Symmetrical triangle taking shape between top white tyne and yellow median if you ignore the over excursion in early August which I have because I can..
View attachment 241668
