SNAP Missed revenue expectation but still growth QTR over QTR. Price is now consolidating at potential supply zone.
Support: $48/$50/$52
Resistance: $55/$57/$60
- Want to see price above 8EMA
- Holding support at $52, watch for volume/options flow
PT: $60 (Stop under $48)
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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.