$SNX — 170% Price Increase Forecast
Our latest Pattern AI Forecast of SNX predicts a price increase of almost 170% over then next 7 days.
💡 The AI model searches for similar patterns in terms of price, indicators, volume, and many other aspects.
👉 In case of $SNX the algorithm found 8 similar patterns. The average correlation of the pattern is 0.965 (1 would be to perfect correlation).
The algorithm then checks the price development during the following 7 days.
💥 Here's the interesting part: On average, the price increase by 170% during the next 7 days.
When looking at the indicators we can also see some signs of a reversal since SNX has been facing a considerable downtrend. However, especially momentum indicators have turned green.
Since AI models still have their weaknesses it would be reasonable to closely watch the price action and open a trade once a reversal starts playing out.
🚨 Important: Our AI Forecast incorporates a vast amount of historical data. However, it cannot foresee external factors that might arise during the forecasted period. Therefore, it is important not solely to rely on AI forecasts when trading.
