FluxTrades

$SNAP - Potential for a Bullish Breakout

Long
NYSE:SNAP   Snap Inc.
Simple trade thesis here for you all!

SNAP has recently surged, and is flirting with all time highs yet again. We've been making higher lows after getting rejected off of 69.40 twice, and are looking to have another retest over the coming days.

If we break above 69.40 we likely visit 70.90, and above that we take a trip to 73.55 before ultimately carving out new all time highs.

Keep your alerts set for this one traders, SNAP tends to move aggressively. Don't get caught chasing!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.