Hello fellow traders and investors, here's another trade idea. STMP has recently pulled back to the key level that is acting as a support, previously STMP tends to make a reversal whenever it approaches the support area. If STMP makes a full recovery it offers a little bit over a 55% ROI.
Technicals: The Macd indicates that STMP is oversold The Ema's indicate that STMP is still in a downtrend
When To Buy: When EMA's crossover When the Macd indicates a reversal by crossing its EMA on the DAILY timeframe
When To Sell: I recommend selling at the resistance area which offers around a 55% ROI.
I hope you enjoyed this quick analysis, if you enjoyed leave a like and follow for more, Thanks.