$STX is down 2.9 percent today and I am passing on it
Volume is dead at only 0.9x average so nobody is actually funding this move
With only $2.4M of 24h volume any real size just chews through the book and traps you
I need to see an hourly close and hold above $0.33950 before I care
Or a clean pullback that holds $0.31510 and actually bounces first
It could keep running without you and a bad entry costs more than a missed move
Chasing $STX here or waiting for 0.31510
#STX #RiskManagement
Volume is dead at only 0.9x average so nobody is actually funding this move
With only $2.4M of 24h volume any real size just chews through the book and traps you
I need to see an hourly close and hold above $0.33950 before I care
Or a clean pullback that holds $0.31510 and actually bounces first
It could keep running without you and a bad entry costs more than a missed move
Chasing $STX here or waiting for 0.31510
#STX #RiskManagement