$SNXX Massive collapse... could it be followed by a double-digit recovery?
Long trade setup
Entry: 3.40 – 3.60
First target: 4.50
Second target: 5.50
Third target: 6.50
Final target: 7.20
Stop loss: 1.95
SNXX plunged massively from 30.31 to just 2.99... and a strong recovery may now be on the way.
As long as the 2.00 level holds, I still see a chance of a double-digit rise toward 7.20.
Buyers must reclaim the 5.10 level first.
High risk, but an interesting recovery opportunity. Use a stop loss.
Trade on $SNXX
Long trade setup
Entry: 3.40 – 3.60
First target: 4.50
Second target: 5.50
Third target: 6.50
Final target: 7.20
Stop loss: 1.95
SNXX plunged massively from 30.31 to just 2.99... and a strong recovery may now be on the way.
As long as the 2.00 level holds, I still see a chance of a double-digit rise toward 7.20.
Buyers must reclaim the 5.10 level first.
High risk, but an interesting recovery opportunity. Use a stop loss.
Trade on $SNXX
