SNDX is emerging from its depths and the short term chart is looking interesting.
For now it is in an a-b-c move down as wave 4. Once it ends, a 5 up should follow in order to end the 1st leg (A) from mid Sept.
As a speculative play, the recent up move could be strengthened later on and above $9 it could gain a lot of thrust.
Below $7.33 the bullish short term pattern will be in jeopardy.
For now it is in an a-b-c move down as wave 4. Once it ends, a 5 up should follow in order to end the 1st leg (A) from mid Sept.
As a speculative play, the recent up move could be strengthened later on and above $9 it could gain a lot of thrust.
Below $7.33 the bullish short term pattern will be in jeopardy.
Note
c and 4 should be higher than what the diagram shows.Note
There is not much to add to SNDX.The chart is not promising fir now.
It needs to clear $7.50 with solid volumes to enter in a positive trend.
Overall the sector is under pressure and the general situation of markets is not helping. For now I just follow it and nothing more.
Winstox
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Winstox
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.