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Snap Inc.

$SNAP winding tight going into earnings.

By OptionsJohnnyCharting
SNAP is getting wound tight going into earnings.

The current price is sitting just above swing low anchored VWAP. Price is also at a convergence of 20/50/200 SMAs.

04/28 Expiry IV is 119.20% with +/- 1.83, meaning the options are priced for a move as high as $12.60, or as low as $8.
Chart PatternsTechnical IndicatorsTrend Analysis

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