Technical analysis by dead4586 about Symbol SNX: Buy recommendation (12/2/2023)
dead4586

tradingview doesnt like that i keep my ideas short n sweet. pretty much usful entrys to long SNX.There must be a trend on the market to talk about a trend reversal pattern. The share price enters the pattern from above.Role: ReversalExpected trend: BullishPrevious tren: BearishReliability: ModeratePattern: TriangleAccording to the technical analysis principles, the support line changes into resistance line and resistance line changes into support line. When the price breaks the top horizontal line of the triangle, it will act like a support. Sometimes the share price returns to this line before it would start increasing.Target priceThe basis of the target price calculation is the group of days with large trading volume at the beginning of the pattern.trade stopped out a while back im just terrible at updating these