STEC : Significant resistance at 13.4

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

 

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