Long
Double bottom in STI
STI (stock, NYSE) made a double bottom a few days ago. The current bar is a doji-like so the stock may dip now, so you may wait for throwback and then buy.
ITs sector (XLF) is also trying to form a double bottom - but not really confirmed yet. Anyway, it is a good indication that STI is stronger than the sector.
ITs sector (XLF) is also trying to form a double bottom - but not really confirmed yet. Anyway, it is a good indication that STI is stronger than the sector.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.