I feel emotionally connected to this stock because it was the first one I ever traded lol. crazy I missed this recent surge, seems to be slowing down a bit though. definitely back on the 'ole watchlist
it's pretty obvious the support for this one has been waning for a while, was lucky to stick with it this long before bailing for a profit. I would suggest whoever reads this to do the same if they've been holding a position. It has to correct itself at some point, even if this day doesn't represent the trend to come in the next few weeks
SNAP has really low price movement considering how new and unsettled the company is. granted it's shares float is gigantic, I can't see much profit being made even with this upcoming upward trend. maybe invest that extra 100k lying around to make a few hundred dollars this week? Idk.
Support is winning over the bears slowly, but no discernible reversal has initiated yet. I would wait until it almost reaches the equilibrium, and buy if there is mostly positive news or other catalysts to back the support. s3.amazonaws.com