$STMH follow-up, potentially explosive setup
***Linked below: I drew 
STMH as a wedge breakout back on 1/26/21
***Linked below: a repeating breakout pattern I've noticed recently in some big movers
Revisiting theSTMH chart, I believe how I've drawn it here is a much better way to visualize it. I noticed this ascending triangle/multiple 'loop' pattern breakout in some high flyers, and what STMH is doing looks a lot like it. Combine the pattern with the turning of prior $0.60 resistance into support, the surge in volume, and knowing that weed stocks have all taken off, I'd say STMH is setting up for a big, big move higher.
STMH as a wedge breakout back on 1/26/21 ***Linked below: a repeating breakout pattern I've noticed recently in some big movers
Revisiting the
STMH chart, I believe how I've drawn it here is a much better way to visualize it. I noticed this ascending triangle/multiple 'loop' pattern breakout in some high flyers, and what STMH is doing looks a lot like it. Combine the pattern with the turning of prior $0.60 resistance into support, the surge in volume, and knowing that weed stocks have all taken off, I'd say STMH is setting up for a big, big move higher. 
Related publications
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.