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Mauriello
Oct 21, 2020 5:26 PM

SNAPCHAT Stock Analysis - Snap Technical Analysis Long

Snap Inc.NYSE

Description

The Idea is to go long as per Major trend.
Just wait the end of the price retracement before going long.
Following Fibonacci all the following levels might work as support for the new rally:
1. 33.00 USD
2. 30.00 USD
3. 27.00 Usd

Fundamental Analysis
Snap shares jump more than 30% after earnings show strong gains in Snapchat online-advertising sales, which leads to gains for other social-media ad companies
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