$SNX had a strong bullish rally after breaking out of the falling wedge. It is now in a corrective phase, and the support zone at $0.712–$0.661 is a good area to consider buying — especially since the daily SMA100 is within this zone.
In case of a deeper dip, we’ll look to buy around $0.594.
If a successful bounce occurs, the targets are:
🎯 $0.910
🎯 $1.043
🎯 $1.176
🎯 $1.365
🎯 $1.606
⚠️ Always use a tight stop-loss and practice proper risk management.