$STO Debuts at the Top – Boom or Bust Incoming?
Is $STO ’s debut too hot to handle or just the beginning of a massive rally?
STO opens strong at 1907, but such high debuts often test trader patience and risk appetite.
Short Trade Setup:
Current Price: 1907
kSupport Levels: 1870 / 1820
Resistance Levels: 1935 / 1980
Entry Zone: Wait for dip toward 1850–1870
Targets:
Target 1: 1935
Target 2: 1975
Target 3: 2025
Stop Loss: 1815
Suggestion: Avoid chasing highs – wait for pullback to enter with low risk.