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Is SNX showing downside potential? 20 Day Moving Average Resistance shows up after gaining 0.94%
SNX closed up 0.94% on Tuesday, July 28th, with volume running 0.9× below average. The session formed a 20 DMA Resistance, often signaling a possible continuation. Key support levels exist at 240.08, 232.98 & 228.76, with resistance at 251.41, 255.63 & 262.73.
Current SwingTradeBot Technical Rating of SNX: B
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »