Replies to post #2013 on Stem Inc (STEM)

[ospreyeye]

STEM Chart......Bullish Engulfing reversal pattern forming today.......

There's still a gap to fill down to HOD on the 11th(1.67)......STEM is bouncing after 8 days down or flat.....

Looking to turn MA(50) @ 1.73 into support w/ a close above that level......resistance levels are MA(10) @ 1.782 & MA(20)/middle Bollinger Band @ 1.787......

Once STEM closes above the Middle Bb a new uptrend can begin.......DMI w/ADX shows the Green Line(+DI) just Bullish Crossed the Red Line(-DI).......

This is the 1st Bullish crossover on DMI since the Breakout on the 12th.......very strong BUY signal.......

Vol. is still light......STEM will need Lg. Vol. to push through resistance & close above MA(20).......

STEM on Bullish reversal radar........$$$