#SNX is moving inside a descending channel on the daily chart and is currently testing the channel's middle trendline.
In case of a breakout above the middle line, the first upside target is:
🎯 $0.279
If #SNX then breaks above the channel resistance, the remaining upside targets are:
🎯 $0.328
🎯 $0.368
🎯 $0.407
🎯 $0.463
🎯 $0.535
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
In case of a breakout above the middle line, the first upside target is:
🎯 $0.279
If #SNX then breaks above the channel resistance, the remaining upside targets are:
🎯 $0.328
🎯 $0.368
🎯 $0.407
🎯 $0.463
🎯 $0.535
⚠️ Always remember to use a tight stop-loss and maintain 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.
