SONO Potential Buy Setup Long

Sonos, Inc.NASDAQ

Description

⋅ Feb 8, 2024 1:29 PM

Reasons for bullish bias:
- Price broke last LH
- Entry at Fib 0.382 level
- Price broke the descending channel

Entry Level(Buy limit): 17.79
Stop Loss Level: 14.82
Take Profit Level 1: 20.76