Snap Inc.
Updated

$SNAP - bull and bear thesis

403
SNAP
Weekly timeframe

* Start of a breakdown of the bear flag

#Bull: If price can reclaim $10.61 and establish itself, $18.50 is next

#Bear: If price doesn't break $10.61, $5.93 is next
Note
NYSE:SNAP
Weekly timeframe

* Breakdown of pennant forming , the next move is a move to $5.93 or back to $11

  • Bull: If price doesn't break below $8, $11 is next
  • Bear: If price breaks below $8, $5.93 is next

Disclaimer

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.