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.Disclaimer
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Disclaimer
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.