$SNAP Breakout
Snap expects its revenue to rise 81%-85% year over year in the second quarter, buoyed by an easy comparison to its slower ad sales during the start of the pandemic a year ago.
The Technicals are pointing to a breakout to all time highs out of this symmetrical triangle and inverse head & shoulder. A measured move from this pattern gives a target of 83.50 with an extended target of 94 on runners.
-Daniel Betancourt, OptionsSwing Analyst
