SNAP 160 % or more upside expected

NYSE:SNAP   Snap Inc.
We expect SNAP to drop 15 % more from current prices.

-It will be a good entry for long as it will correspond with a low from March 2020.

-Target show in the chart. We expect the gap to get filled.

-Stop loss shown in the chart.

Snapchat is undervalued at those levels. Good buy also for a long-term hold.
The trade is still valid.
We expect the price to drop to our entry area in the next weeks as September should be bearish for stocks and crypto.
The price dropped to the entry area. If your stop loss didn´t hit, you can continue holding your long position, however we recommend booking profit on the way up and use a trailing stop loss strategy.
Trade active:
Snap looks great. We should see more upside soon
Very bullish price action on SNAP. 20 $ is a matter of time
we are bullish on SNAP. Dips are for buying

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