SNAPSNAP appeared to be forming a double bottom, but failed to create higher highs during a very bullish 2 week run for the market. Price could not make higher highs for the month, and just eeked out a higher high on the week before failing.For me, price needs to break $41 to consider going long.
Options flow has seen increased bearish flow.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.