State Street Corporation Stock Code STT.NYS
Outlook
Price moved and closed above the cloud in the previous trading session which has turned the stock outlook from bearish into a bullish outlook. The strong white candlestick is another hint of a strong bullish trend. Conversion line and Base line had a bullish crossover and is hinting of a bullish price trend. Lagging Span is below price of 26 days ago but is above the cloud at the moment which is a hint of a bullish price trend. MACD is bearish but has a bullish crossover, which could be a sign of a possible price trend reversal. If price is able to stay above the cloud, it could be heading towards the previous high at $94.04.
Strategy
$90.05 Buy
$94.00 Price Target
$88.20 Risk Management Stop
2 weeks Trade Duration
