BullMarkets

SNAP - UP, UP & AWAY!

Long
NYSE:SNAP   Snap Inc
SNAP just beat on earnings and due to the high short interest this should be a huge short squeeze similar to what we have seen with GE recently. As with GE there is bullish RSI divergence on the daily chart .

Add to this that the US economy is on fire in large part thanks to the PPT and let's let this winner run. Will initially take some profit at $10.30 as there will be a lot of resistance at $10.50.

Could be wrong of course, I usually am!