Hi; SXP was moving an a Descending channel and now is trying to break up the channel . EMA20 is supporting the price and the price is at start of the Ichimoku cloud . Pls. wait to break up the channel and then you can get a long position. Be careful and don't forget stop less.
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.