bullishmoon
Long

SNAP: Bullish Divergence and Oversold

NYSE:SNAP   SNAP INC
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Snapchat has been on a downward trend for a long time. When this happens, it is good to look for divergences in price.

Fisher Transform: It looks as though the oscillator has made a higher low while the price has made a lower low. This is a sign for a bullish divergence .

Based on RSI it looks like SNAP is oversold and could see a short term increase in price.
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