STX Price Trend

Currently within the resistance box, STX's price awaits the emergence of positive and ascending patterns for an anticipated shift to an upward trajectory. Conversely, a breach below the box's base may lead to further descent, potentially reaching the lower boundary of the ascending channel.

1/25/20241 min read

STX analysis - Price within resistance box, anticipation of positive patterns for an upward shift. P
STX analysis - Price within resistance box, anticipation of positive patterns for an upward shift. P

At present, the price is positioned within the range delineated by the resistance box. Should positive and ascending patterns emerge in this region, it is anticipated that the price trend of STX will shift into an upward trajectory.
Conversely, if the price breaches and falls below the base of the box, it is projected to descend further, potentially reaching the lower boundary of the ascending channel.