$SNAP - Approaching the Disastrous Gap Short

Snap Inc.NYSE

Description

⋅ Jan 19, 2022 5:29 AM

The SNAP chart looks horrifying. It's quickly approaching the downside gap, which is nearly 20% wide.

Based on overnight futures action, this is a prime short candidate leading into tomorrow.

Comments

kencharles

⋅ Jan 21, 2022 9:37 PM

Does SNAP still have some major downside after 21 Jan trading day?

FluxTrades

⋅ Jan 22, 2022 5:02 AM

@kencharles, Think so. At least another 10% drop.

kencharles

⋅ Jan 24, 2022 8:53 AM

@FluxTrades, thanks. oops. From 84 to 25-29?