$STO Is This Breakout Just Getting Started?
$STO has exploded above key resistance with exceptional bullish momentum and strong volume. The breakout is valid, but after a 30%+ surge, waiting for a retest or confirmation is a smarter approach than chasing the move.
Trade Plan
Direction: LONG
Entry: $0.0485 – $0.0492
Target 1: $0.0515
Target 2: $0.0540
Target 3: $0.0570
Stop Loss: $0.0468
$STO has exploded above key resistance with exceptional bullish momentum and strong volume. The breakout is valid, but after a 30%+ surge, waiting for a retest or confirmation is a smarter approach than chasing the move.
Trade Plan
Direction: LONG
Entry: $0.0485 – $0.0492
Target 1: $0.0515
Target 2: $0.0540
Target 3: $0.0570
Stop Loss: $0.0468