St engineering downtrend double bottom.

 

St engineering weekly is downtrend at double bottom. it is also  at long term support range.

There is 2 few resistant on top.

Note to the up trendline below, the last low that connect the right end of trend line have not confirm yet.

A good chance to form the 3rd low with a short term double bottom towards a top of the downtrend line. . To really turn up trend, it need to break the down long term trend and form a up trend, but that seems very far.
Let see if he can move towards the upper trend channel line and how he react the this double bottom.