***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. 
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.