I know nothing about this thing. Came across it while searching for plays for tomrorow. Watch the 2.21$ range. Thing looks ready to go parobolic. 2.39 big resiatnce but holding 2.21 as support could be the start of something BIG worth a small risk with tight stops would like to see daily RSI cool off but let’s see if we can find a 1 hour setup
Steel Connect, been consolidating in previous gap up area possible wedge breakout
I made the call to buy STCN on JAN10th when it was 0.87 per share, today is January 20th and it hits 2.70 premarket..! I believe it could go up to 6 USD per share, so keep it because it has just broken a 14 year down trend line!!!
I think this one should hopefully rally tomorrow. Watch premarket and open for a breakout of any type. Need to break above .75 full candle retest.
There's quite a distinct symmetrical triangle forming and as the tension grows, who knows how big it'll be with the candles very hesitant to stretch the boundaries. Keep a close eye on this stock and get ready to purchase or sell quickly.