Market Analysis for Trading on 5/24/18

Mish Schneider | May 23, 2018

New: Seagate Tech STX (ATR: 1.55) Unconfirmed phase change to bullish. Means, it must hold and close over 58.26. The risk is around 55.24 for a swing, but if has an OR hi breakout over 58.60, you can use a stop under 57.00, or just under today’s low. Active traders can use a closing exit under 58.26. If good, could see 63.39-64.46 for first target for wide stop and 62.67 for the tighter stop. Gold

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