Hello, traders!
The price of SNX is at the upper bound of the range of $5.44 - $8.34, which was the beginning of the previous business cycle.
Therefore, in this range, we can expect the beginning of a new one.
The price range of $5.44 - $6.55 will be [ptimal for the purchases, where you can get a more favorable entry point for a long-term deal.
Stop-loss can be placed under the price at $4.32
Objectives for purchase are levels
$11,50
$13.50
$16,39
$22,30
Good luck and watch out for the market.
P.S. This is an educational analysis that shall not be considered as financial advice