John2068

Snap: 4 hour chart: Short

Short
NYSE:SNAP   SNAP INC
51 views
3
Finally saw some price movement today. A selling frenzy into the close to touch the 200dma and a bounce back up to $14 which now looks to be resistance. A Head and shoulders pattern looks to be completing. The MACD on the 4 hour has turned down and has just crossed down on the daily. The 200dma looks to be playing critical support with next up being the 50dma. Looking forward to Monday to see how all this plays out.

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