New STR Breakout imminent?

2017年5月6日

I expect a breakout from either ascending triangle.

If it breaks out from the short term pernnant, it would probably happen within the next hour, the price is rising above the 800 mark as I type.
If it wants to break out from the longer term triangle, it might take a little longer.

This could be the start of another leg up.

Good luck!

2017年5月6日

交易進行

STR struggles to break the long term trend line set up by its run to 450 on 3rd of April. Little surprise there.

We are also on the 4.671 fib circle line from that previous run.
This seems to be a crucial junction here. Let's see how this turns out.
Macroview below:

2017年5月6日

註釋

short term pennant breakout confirmed...
now for the big one...

2017年5月7日

交易結束：目標達成

Trade closed as it might retrace from here, i.e. potentially forming a new cup and handle.