Technical analysis by osmanemre about Symbol SXP: Buy recommendation (4/17/2023)

SXP price looks like bearish under fib 0,618 0,6430 level and 1 hour trendline and 50 EMA. However the price is getting a support zone around 0,618 level. I am waiting for a bullish triangle breakout over 0,6430. Possible target level may be 0,70 for 1 hour chart.Support zone was broken by sellers price went to another support level.