Snapchat is looking really bullish.
It has currently formed a descending wedge and has 2 gaps to fill that are both in a very similar position and to the upside.
We are also well below our previous trading range so I believe we should be back testing the support of that range as a new resistance in no time.
Will be looking to add a long position on the break of the wedge,
It has currently formed a descending wedge and has 2 gaps to fill that are both in a very similar position and to the upside.
We are also well below our previous trading range so I believe we should be back testing the support of that range as a new resistance in no time.
Will be looking to add a long position on the break of the wedge,
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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.