STT inverse H&S on weekly and 1,000 March $72.5 calls bought today.
STT, not a so terrible stock, formed bullish divergence against both RSI and MACD. Price also touched and lightly bounced from short term support line, 50% fib level (red line) and 78.6% fib level (blue line) of the last rising leg. Stochastic also crosses over. The confluency of multiple of supportive TA clues mentioned above gave me a short term BUY...
State Street Corporation is a financial holding company. The Company operates through two lines of business: Investment Servicing and Investment Management. We are waiting for new peaks from this paper. Be careful in case of consolidation of the price near the upper border of the trend (the upper green line). P/E 18.09 Forward P/E 12.64 Open 106.61 SL 104.51 TP...
STT has formed a bull flag. MACD, OBV and STOCH RSI all pointing up.
$STT Bullish holding major support at 95.02 #stocks #stock #Options #option #support #resistance #sp500 #nasdaq #dow #market
Time to buy. Support at $65.50. Strong company. 89% of shares are held by institutions according to Google Finance.
bull flag , gap has been closed , needs bullish candle breakout to trigger entry
uptrend + good fib level hit + good harami formation... buy if price breaks high point of yesterday bar
Has to clear sup/res pt at last week's high (56.85)