The price of SNX is at the upper bound of the range of $5.44 - $8.34, which was the beginning of the previous business cycle.
Therefore, in this range, we can expect the beginning of a new one. The price range of $5.44 - $6.55 will be [ptimal for the purchases, where you can get a more favorable entry point for a long-term deal.
Stop-loss can be placed under the price at $4.32 Objectives for purchase are levels $11,50 $13.50 $16,39 $22,30
Good luck and watch out for the market.
P.S. This is an educational analysis that shall not be considered as financial advice