Snap Inc.Short
SNAP SHORT
SNAP is very overextended, up 141% in last 12 weeks (high to low). RSI currently overbought. Fundamentals still awful with no user growth and no profitability. Expect this pattern to break at around $10 at the end of May. From this point on (March 15, 2019), I expect a pretty significant pullback!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.