SNGP exhibits a notable resistance level, yet an intriguing prospect emerges with the recent breakout above its significant resistance trendline, marking a noteworthy shift in the prevailing trend after a substantial duration. The price trajectory has been on an upward incline following a bullish breakout from its bearish channel on the weekly chart. This recent development underscores the potential for a resurgence following a minor retracement, given the significant shift in the long-term trend.
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