$SNAP Needs To Take A Breather.
-Stock has risen nicely after capitulation.
-Hitting the upper band on the bearish channel.
-Market looking kinda weak so a breakout from the channel is unlikely.
-Stock looks overstretched and can retest 21 day EMA in the coming days.
-Stock has also moved out of upper Bollinger Band and should move lower here.
Not an investment advice. Do your own due diligence.
-Hitting the upper band on the bearish channel.
-Market looking kinda weak so a breakout from the channel is unlikely.
-Stock looks overstretched and can retest 21 day EMA in the coming days.
-Stock has also moved out of upper Bollinger Band and should move lower here.
Not an investment advice. Do your own due diligence.
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