SNX has formed a large rounded pattern with two smaller rounded formations Price will likely breakout and continue upwards within the parallel lines, forming a channel. Or it may just explode to the upside and create new highs
Rounded formations / tops almost always result in large bullish movements, and we have three of them !
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.