Fundamentally, SNGP has a serious issue due to its valuation i.e Decreasing Free Cash Flow and ROE.
Therefore I am not taking a long term position
Technically: I am still interested in it. A Bullish reversal 84 area can lead to Buy position till 137. We need this confirmation on both Daily and Weekly timeframe.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.