#SNX had a strong bullish rally after breaking out of the falling wedge. It is now in a corrective phase, and the support zone at $0.712–$0.661 is a good area to consider buying — especially since the daily SMA100 is within this zone.
In case of a deeper dip, we’ll look to buy around $0.594.
If a successful bounce occurs, the targets are:
🎯 $0.910
🎯 $1.043
🎯 $1.176
🎯 $1.365
🎯 $1.606
⚠️ Always use a tight stop-loss and practice proper risk management.
In case of a deeper dip, we’ll look to buy around $0.594.
If a successful bounce occurs, the targets are:
🎯 $0.910
🎯 $1.043
🎯 $1.176
🎯 $1.365
🎯 $1.606
⚠️ Always use a tight stop-loss and practice proper risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.