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Uni and Sxp analysis

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UNI analysis:

UNI get multiple rejection the major resistance of $29.4-$30.5 area. The local support area are $27 and $25.5 and the major support is $23-$23.6 area. There is also a double top formed at $30 resistance area. We may see a retest of lower support zone of $25.5 to get some fuel before going up. Wait for either the retest of support area or a breakout above the resistance area of $30.5 before opening a position.

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SXP analysis:

SXP give a very good rally after hitting the bottom of $1.37 and give a 160% rally. SXP reached the resistance level in 4-hour chart and also hit resistance on 1-day chart. SXP is now at the local support of $3.3 area and need to hold above this to give a retest of the resistance zone again. The good support area is $3 and after that $2.6-$2.75 area. Wait for some confirmation here.

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Uni and Sxp analysis | Ecency