Descending Channel (lines are parallel) on the weekly chart providing potential support near the lower trendline. Obviously, you would have to wait for bottoming signs to start forming on the shorter time frames. Right now, the daily chart of SNAP along with FB and TWTR aren't showing signs of bottoming other than being oversold. If price finds support in this area and we get a bounce, the center line would be a realistic target offering a favorable risk/reward. Time will tell, have to get a bounce first.