$SNXX Short setup
Entry zone: 17.87
Stop: 18.05
Target: 17.08
R:R 1:4.39
Big up move on SNXX first: 19% in 4 days. Price then pushed 0.7% above the old high at 17.92, printed a fresh high at 18.05 and could not hold it. It is back under 17.92 now. Entry 17.87 is simply where price stands now. Stop 18.05, target 17.08, reward about 4.39R.
Not financial advice.
Entry zone: 17.87
Stop: 18.05
Target: 17.08
R:R 1:4.39
Big up move on SNXX first: 19% in 4 days. Price then pushed 0.7% above the old high at 17.92, printed a fresh high at 18.05 and could not hold it. It is back under 17.92 now. Entry 17.87 is simply where price stands now. Stop 18.05, target 17.08, reward about 4.39R.
Not financial advice.
