Mauriello

SNAPCHAT Stock Analysis - Snap Technical Analysis

Long
NYSE:SNAP   Snap Inc.
The Idea is to go long as per Major trend.
Just wait the end of the price retracement before going long.
Following Fibonacci all the following levels might work as support for the new rally:
1. 33.00 USD
2. 30.00 USD
3. 27.00 Usd

Fundamental Analysis
Snap shares jump more than 30% after earnings show strong gains in Snapchat online-advertising sales, which leads to gains for other social-media ad companies

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