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poncxe
Apr 9, 2019 4:46 PM

Prove that stocks go up when creating a new support (red line) 

Snap Inc.NYSE

Description

On my previews prediction I only used support and resistance to predict that the stock would go up, I did the same thing with SNAP and it went up as predicted. Before looking at indicators I recommend to find the support and resistance level. As stated on my last idea, whenever the stock does NOT crosses the already built resistance, or when it doesn't even touches the line, it could mean that the bullish trend is about to be over for that stock.
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