SNDX shows signs of strong accumulation longer term. Overall really strong base on base action and getting close to a potential breakout.
Caution with all breakouts in this market - volatility has been significant around pivot areas, so the risk is much higher and probability is lower on shorter time frames.
While major indices are down 25-30%, this stock is near its all time highs and within a multi-year base - exactly what you want to see in this environment.
Caution with all breakouts in this market - volatility has been significant around pivot areas, so the risk is much higher and probability is lower on shorter time frames.
While major indices are down 25-30%, this stock is near its all time highs and within a multi-year base - exactly what you want to see in this environment.
Nota
above 2021 congestion today and breaking out on the daily Nota
SNDX is probably my favorite set-up going into 2023. Bigger picture want to see that 50 day MA hold. Looks like it could be ready to start the year strong.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.