Nezah

SNAP bullish RSI leads the way for price. Falling wedge breakout

Long
NYSE:SNAP   Snap Inc.
Starting to get pretty exciting here with the divergence, the oversold RSI on the daily and the pattern break out. Who cares if it's a dead cat bounce, ride it until it stops going up.

Previous break out was a smaller falling wedge, but this is an even larger wedge that has been forming since the beginning.
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.