The Broadening Formation is just one piece of the puzzle. See the full technical breakdown.
Expanding volatility. Sign of instability.
STX is showing interesting structural developments at $533.44. With a last close of $533.44, volatility remains active (3.93%). Price action has carved out a classic Broadening Formation. Volume is average (0.86x avg) with moderate trend strength (46.4). A potential breakout level is identified at $534.23, targeting $727.06 with support near $437.82 (R:R 2.0).
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