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MrMercato

overbought, target $58

Short
Snap Inc. (NYSE:SNAP)  
MrMercato Updated   
NYSE:SNAP   Snap Inc.
Trend Analysis Chart Patterns Technical Indicators
2
1
trendanalysis chartpattern indicator
The stock is far away from the moving averages. time for some retracement. first target is around $58 and could go further to $52.



Please note: I'm just sharing my view. its not a recommendation for buying or selling.
Comment:
bearish divergence on MACD on the daily chart
snapshot
Comment:
we might see a relief rally, but still bearish. next target $48
snapshot
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