@Infidel75 I have attached a weekly chart for STM with my thoughts.
Seems to have support but a lot of trapped holders would be present on the left, if it could overcome those, you would think a break above 4 cents and retest would confirm a break out.
Being an amateur it seems 4 cents is the all important level and would want to see confirmation of a possible break out.
On the chart the lack of higher highs on volumne would have me wait for confirmation of direction.
I have no idea of the back ground of this company, the chart has a bullish bias with the average increased share price.
Maybe we revisit next week to discuss.
