STMicroelectronics: +175% since entry, but a sharp week reversal

STMicroelectronics is at week 29 of a buy trade running at +175% profit. After 3 weeks of strong bullish momentum, the week of June 22 reversed sharply: -8.9%, sellers at 84%, RSI falling from above 91 to 76.6. The trailing stop in the 67 area — now +159% above entry — protects the accumulated gain; model coverage is complete and the remaining capital runs free until the next signal.