SNAP is now forming its right shoulder to complete an inverted head & shoulders. If we are able to get confirmation and have it break the white line on the chart - we may see a solid breakout to even new all-time highs. It is trading above the EMA 9 / 21 / 50 / 100 but under the VWAP.
VWAP: 62.01
TP: 63.75 - 65.85 - 68.05 - 70+
Comment
cup and handle off major time frames - go long if it breaks above 62
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