Jonah Lupton: SPRX approaches trendline from April 2025 lows and .786 retracement from March 2026

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Jonah Lupton: SPRX approaches trendline from April 2025 lows and .786 retracement from March 2026 — SPRX nears key trendline retracement

Jonah Lupton, investor and market commentator at Social Media / FinTwit, observes that SPRX is nearing a trendline from the April 2025 lows and is approaching the .786 Fibonacci retracement level from the March 2026 lows.

These technical markers may indicate a significant area of support or resistance for SPRX as it tests these levels.

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Lupton has previously pointed to shareholder frustration with IREN's recent stock performance and management, citing technical signals of an oversold bottom in IREN shares. He has also commented on Samsung's revenue and earnings growth despite a decline in its share price and low valuation. These observations reflect his ongoing focus on technical indicators and market valuation in his analyses.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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