***Linked below: I drew 
STMH as a wedge breakout back on 1/26/21
***Linked below: a repeating breakout pattern I've noticed recently in some big movers
Revisiting theSTMH chart, I believe how I've drawn it here is a much better way to visualize it. I noticed this ascending triangle/multiple 'loop' pattern breakout in some high flyers, and what STMH is doing looks a lot like it. Combine the pattern with the turning of prior $0.60 resistance into support, the surge in volume, and knowing that weed stocks have all taken off, I'd say STMH is setting up for a big, big move higher.
STMH as a wedge breakout back on 1/26/21 ***Linked below: a repeating breakout pattern I've noticed recently in some big movers
Revisiting the
STMH chart, I believe how I've drawn it here is a much better way to visualize it. I noticed this ascending triangle/multiple 'loop' pattern breakout in some high flyers, and what STMH is doing looks a lot like it. Combine the pattern with the turning of prior $0.60 resistance into support, the surge in volume, and knowing that weed stocks have all taken off, I'd say STMH is setting up for a big, big move higher. 
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.