(SNX) Pivots Trading Plans and Risk Controls

Longer Term Trading Plans for SNX

• Buy SNX near 123.53 target 137.1 stop loss @ 123.17 Details

The technical summary data tells us to buy SNX near 123.53 with an upside target of 137.1. This data also tells us to set a stop loss @ 123.17 to protect against excessive loss in case the stock begins to move against the trade. 123.53 is the first level of support below 125.9 , and by rule, any test of support is a buy signal. In this case, support 123.53 is being tested, a buy signal would exist.

• Short SNX slightly under 137.1, target 123.53, stop loss @ 137.5 Details

The technical summary data is suggesting a short of SNX as it gets near 137.1 with a downside target of 123.53. We should have a stop loss in place at 137.5though. 137.1 is the first level of resistance above 125.9, and by rule, any test of resistance is a short signal. In this case, if resistance 137.1 is being tested, a short signal would exist.

Swing Trading Plans for SNX

• Buy SNX slightly over 137.1, target n/a, Stop Loss @ 136.7 Details

If 137.1 begins to break higher, the technical summary data tells us to buy SNX just slightly over 137.1, with an upside target of n/a. The data also tells us to set a stop loss @ 136.7 in case the stock turns against the trade. 137.1 is the first level of resistance above 125.9, and by rule, any break above resistance is a buy signal. In this case, 137.1, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short SNX slightly near 137.1, target 125.12, Stop Loss @ 137.5. Details

The technical summary data is suggesting a short of SNX if it tests 137.1 with a downside target of 125.12. We should have a stop loss in place at 137.5 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 137.1, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for SNX

• Buy SNX slightly over 126.24, target 137.1, Stop Loss @ 125.95 Details

If 126.24 begins to break higher, the technical summary data tells us to buy SNX just slightly over 126.24, with an upside target of 137.1. The data also tells us to set a stop loss @ 125.95 in case the stock turns against the trade. 126.24 is the first level of resistance above 125.9, and by rule, any break above resistance is a buy signal. In this case, 126.24, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short SNX slightly near 126.24, target 125.12, Stop Loss @ 126.53. Details

The technical summary data is suggesting a short of SNX if it tests 126.24 with a downside target of 125.12. We should have a stop loss in place at 126.53 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 126.24, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Td Synnex Corporation (SNX) available here: SNX.

SNX Ratings for June 10:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Neutral
P1	0	0	108.91
P2	123.78	121.19	123.53
P3	126.24	125.12	137.1

AI Generated Signals for SNX

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES