SNX saw some incredible gains during January and February earlier this year. However, since it touched $28, SNX has seen a steady decline in value, hitting -55% from ATH at some point.
Since hitting that -55% from ATH, SNX has seen a strong increase in value. Recent price action is strong enough to potentially produce a bull flag break out in the short term.
Be aware of the current unpredictability of BTC. If BTC falls, so will SNX. I advise you to wait for a proper confirmation of the break out before entering a trade.
Happy trading!