TheWolfOfST

SNAP SHORT

Short
NYSE:SNAP   Snap Inc.
Snapchat has now went on a greater than +90% in the last 8 weeks since December 24, 2018. It is more than due for a pullback as it has rejected its 200D MA. Also, its recent move after earnings mirrors an 8 day period at the end of October where it ran up before the vast decline. For these reasons, I expect Snapchat to be less than $7 by the End of March.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.