SNX is in a crazy falling wedge waiting to breakout. The percentage of this pole is calling for this target, but we have to knockout the resistance zone I have marked. RSI and Momentum are really low and have the chance to flip bullish here. Any flip in RSI and Momentum will have us breaking out of this wedge.
Min TP - $3.50
Stop - $2.70
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD, RSI, Momentum, and resistance/support zones combined with patterns.
Min TP - $3.50
Stop - $2.70
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD, RSI, Momentum, and resistance/support zones combined with patterns.