The stock $SXP is recovering from a sharp downward trend, and this strong rebound often marks the beginning of a significant reversal... The chart finally shows strength after weeks of selling pressure, and early entries typically achieve the largest gains.
Opportunity or
Entry zone: 0.0700 - 0.0740
Stop loss: 0.0640
Targets:
1: 0.0820
2: 0.0910
3: 0.1040
The stock shows a sharp recovery candle on the daily chart, where liquidity is rising, and sellers are losing momentum. This is the point where smart investors quietly enter before the larger movement appears on the chart.
