$STX - Bullish Pennant Breakout Entry

2023年2月23日

STX is in news after publication by LunarCrush. On Daily and Weekly it's showing a heavily bullish sign, this is 4h timeframe and it did a breakout from pennant which is ascending means forming HL but also LH.
I have kept two targets, first target is a resistance on Daily and second target is a Weekly resistance.
You can either enter if price comes back for a retest at breakout level or you can take entry at any level in between, but I technically believe that bullish momentum is strong and price might not come back for a retest.

Plan your trade and DYOR.

2023年2月26日

交易進行

Orders filled.

2023年2月28日

註釋

Price going towards our first target, all is well as of now.

2023年2月28日

註釋

A bull flag is formed and now the price is reversing after retesting the previous high.

2023年3月1日

註釋

I scaled-in into this trade at 0.945