$SXTC - Reversal swing with +50% upside

4 Ağu 2022

Technical Analysis (TA)

• Weekly oversold and needs a break above -20 William %R to start a potential mean reversion play to $3.50
  
• Lacks a catalyst so it will be worth waiting until the end of this week to see how price responds to the 1D 50EMA level.
  

Price Target
Entry: $2.15
Target 1: $3.38