SNX is approaching strong resistance from both a long-term trend line and the psychological strong resistance of $5.
Knoxville divergence is also showing up on the hourly chart.
If the wedge can breakdown, I think we will see a larger move to the downside.
Knoxville divergence is also showing up on the hourly chart.
If the wedge can breakdown, I think we will see a larger move to the downside.
Trade active:
Price action looks good. Entering the trade here.