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STC - Falling Wedge

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Stewart Information Services Corporation (NYSE:STC)  
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NYSE:STC   Stewart Information Services Corporation
Trend Analysis Chart Patterns Technical Indicators Stocks STC Falling Wedge rsi_divergence longsetup lowriskhighrewardplay lowriskhighreward
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trendanalysis chartpattern indicator stocks stc fallingwedge rsi_divergence longsetup lowriskhighrewardplay lowriskhighreward
On the chart, we can see a falling wedge.
Breakout has already happened, so we will enter a long position.

RSI is showing bullish divergence, and therefore we have confirmed a long position

The target will give a ROI of 14%

Good luck!
Komen:
Previous downsloping resistance now is acting as a support. Good for bulls.
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