Long STL
STL is holding above prior resistance and is basing towards recent highs. In addtion, it is holding above the up-trendline started in June 2014. An initial trade with a stop at 13.34 and an initial target of 14.52 could be good. Alternatively a looser stop below 13 with the expectation that it will breakout through recent highs for a longer term trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.