STM: Cup'n Handle, Not confirmed (44.79%)(3/1000)

(3/1000)
Bullish Cup'n Handle for STM on the Weekly chart.
Not confirmed.

Pros:

1- PPS above 50MA and 200MA
2- RS above 0
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Descending volume during formation

Cons:
1- Figure is not confirmed
2- No break out yet
3- ATR flat

If confirmed, target price is 75.58$

Again, stay humble, have fun, make money!

MAAX!