SNT - currently in squeeze, SHORT showing support for uptrend.
Hey guys,
SNT has been consolidating and is starting to enter the squeeze.
On the 4H chart you can see that MACD is starting to create a minor curve up, also RSI is currently in the mid 50% with the tip currently pointing upward.
This might be a possible 20% profit chance as the volume history for the 3725+ might act as a magnet for buyers.
SNT has been consolidating and is starting to enter the squeeze.
On the 4H chart you can see that MACD is starting to create a minor curve up, also RSI is currently in the mid 50% with the tip currently pointing upward.
This might be a possible 20% profit chance as the volume history for the 3725+ might act as a magnet for buyers.
Note
Stop limit should always be set in case the squeeze results in a downtrend!
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Disclaimer
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.