It's been 20 hours that SNX is getting rejected by that resistance. (As shown on chart)
The middle Bollinger Band is rising to give a Dynamic Support to the price which might push it up to the TP1 and TP2.
There's also a Static Support which I've pointed out on the chart, that can be a good push up for the price as well.
If none of these supports can hold the price up or push it up, the price can fall to 20 areas or even less.
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