Snap Inc.
Long
Updated

SNAP Monthly for better Next Movement Direction

339
As Seen Of Today Snap at Major obvious Support Level.
I believe Despite stock previous movement from here we will see UP-movement stock may consolidate for while but we willl see Up movement as 7.11 will be First Resistance level.

Note: 1- Potentional of Strong Buying at Current Price Level:

We have two scenarios must happen at The Mentioned Zone:

Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.

Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.

2- How to Buy Stock (safe way):

On 1H TF when Marubozu/Doji Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 as price always re-test the imbalance
Trade closed: target reached
Clear Respect for the Greeen Zone which act as strong Support level you may view it on Daily Time Frame to see clear respect with volume now patience if key for profits Also Snap Known for fake break-out behavior happening almost everytime it reached decent support levels. Good Luck,

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