$STX
Bullish breakout from Ascending Triangle, above $2.00 resistance, signaled resumption of Uptrend, with +25% upside potential to $2.50 next. Stop loss at $1.70.
Pattern: Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.
Trend: Short-term trend is Strong Up, Medium-term trend is Down, Long-term trend is Neutral.
Momentum: Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $1.50, then $1.30.