The first time I posted about STMP right after an important management decision on 22 February 2017. The management announced termination of a strategic partnership with US Postal Service. That caused the stock to decline by over 50%. The very next Monday after I posted my bullish call the stock jumped by over 20%.
Two weeks later, on 7 May 2019 I introduced you another nice long setup. Following that post STMP delivered another rally moving price higher by 5.5%.
In this new video I explain why I am long term bullish on the stock. I introduce fundamental and technical reasons why this dramatic drop in STMP stock price is an orderly corrective wave ( C ) of [ 4 ] down.
In this video I show you how Harmonic Elliott Wave analysis on intraday charts helped me to pinpoint every single reversal and make money in the process.