$SXP mid/long term analysis
#sxp newly branded #solarnetwork weekly price chart is cooled down well for some upside moves.
Upper orange box is the ichimoku cloud resistance zone for quick movement. If price reaches there and breaks out, new ath will be expected in mid/long term.
Hard declination from 1W ichimoku zone will trigger price to test the trend line support. If this ascending trend channel support would be broken, the target will likely be the upper thin orange box and that' ll be the incredible buy zone.
Short term upside movements may be necessary.
Not financial advice.
Upper orange box is the ichimoku cloud resistance zone for quick movement. If price reaches there and breaks out, new ath will be expected in mid/long term.
Hard declination from 1W ichimoku zone will trigger price to test the trend line support. If this ascending trend channel support would be broken, the target will likely be the upper thin orange box and that' ll be the incredible buy zone.
Short term upside movements may be necessary.
Not financial advice.
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