RizeSenpai

Bearish Price Action Near Top of Ascending Channel

Short
RizeSenpai Updated   
NYSE:SNAP   Snap Inc.
We seem to be having significant bearish reactions every time we hit the top of the channel, It also looks like the RSI is struggling to make higher highs near overbought levels; Pair that with less than stellar earnings and you've got yourself a decent reason to enter a bearish position.
Trade closed: stop reached

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