Potential monster stock (long term) - SNDX
SNDX$Syndax Pharmaceuticals(SNDX)$ is probably my favorite set-up going into 2023. Bigger picture want to see that 50 day MA hold. Looks like it could be ready to start the year strong.
SNDX shows signs of strong accumulation longer term. Overall really strong base on base action and getting close to a potential breakout.
Caution with all breakouts in this market -volatilityhas been significant aroundpivotareas, so the risk is much higher and probability is lower on shorter time frames.
While major indices are down 25-30%, this stock is near its all time highs and within a multi-year base - exactly what you want to see in this environment.
https://www.tradingview.com/chart/SNDX/l9QZ2iGo-Potential-monster-stock-long-term-SNDX/
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