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Stockthunder
Oct 24, 2020 10:22 PM

Overbought Short

Snap Inc.NYSE

Description

Beat estimated revenue (0,01 EPS) on 10/20/20 gave momentum to stock and bounced ATH ( more than 51% in 3 days) All indicators started to show overbought. On monday can make another gap to up (45) (exhaustion gap) and my opinion will be pulled back fib retracement (0,618) $35-36 in short term.

This is not financial advice.
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