SNX is testing the lower support of the descending channel on the bi-weekly chart, and this price range is showing significant stability. From the market data perspective, there are obvious signs of buying pressure accumulating near the support level. Once the rebound momentum is established, SNX is expected to achieve considerable rise after breaking above the upper pressure. From a technical perspective, this position is worth following—typically, when strong support is repeatedly confirmed, it often leads to a decent upward opportunity.