$SNXX is showing signs of weakness around the current level, and I’m watching for further downside from here.
Short $SNXX
Entry: Market Price
Stop Loss: 20.0
Take Profit: 18.0 / 17.5 / 17.0
The setup is based on fading momentum and the possibility of sellers taking control. If price fails to reclaim the resistance area, the downside targets could come into focus quickly.
Secure partial profits as targets are reached and manage your position size carefully.
DYOR (Do Your Own Research).
Short $SNXX
Entry: Market Price
Stop Loss: 20.0
Take Profit: 18.0 / 17.5 / 17.0
The setup is based on fading momentum and the possibility of sellers taking control. If price fails to reclaim the resistance area, the downside targets could come into focus quickly.
Secure partial profits as targets are reached and manage your position size carefully.
DYOR (Do Your Own Research).