STC: 85 CALENDAR DAYS PATTERN

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7010:STC has followed a pattern since the end of February 2023. Upon hitting the bottom trend line, Price appreciated 15-25% in 85 calendar days. This pattern has repeated 3 times over the last year.

Based on above observation, a long position can be opened once price hits the bottom trend line again.

TP1: 15%
TP2: 25%
OR simply close the trade on the 85th day of starting the trade

SL: 2% (just under the bottom trend line)

Keep waiting and hope the price comes back to the bottom trend line soon. Best of Luck!!

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