STEC : Significant resistance at 13.4
March 13, 2011 Leave a comment
Some say STEC may well be an election play, but from the charts all we see is 1340 as an immediate and stubborn barrier, then trend resistance at 13.90-14.00 and a veritable barrier of steel at 14.50
If indeed the stock is to be a retail punt hot pick in days and weeks to come the giveaway sign will of course be continued net buying, then a sudden surge in volume.
For early this week 12.50-12.60 is first support, then 12.30