Hello Traders!
SNX underwent a full business cycle, the price corrected to 2020 values.
The price found support near the level of $3.62 and the asset is in the accumulation phase.
We can observe for purchases in the range of $3.62 - $4.10 and hold the position based on the correction of downward movement to the main selling zone of $11.50 - $13.50
It is reasonable to close the position using stop-loss if the price goes under $3.28
The targets will be the following price levels
$7,35
$9,28
$11,50
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
SNX underwent a full business cycle, the price corrected to 2020 values.
The price found support near the level of $3.62 and the asset is in the accumulation phase.
We can observe for purchases in the range of $3.62 - $4.10 and hold the position based on the correction of downward movement to the main selling zone of $11.50 - $13.50
It is reasonable to close the position using stop-loss if the price goes under $3.28
The targets will be the following price levels
$7,35
$9,28
$11,50
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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.