$SNAP - bull and bear thesis

Updated
SNAP
Weekly timeframe

* Start of a breakdown of the bear flag

#Bull: If price can reclaim $10.61 and establish itself, $18.50 is next

#Bear: If price doesn't break $10.61, $5.93 is next
Note
NYSE:SNAP
Weekly timeframe

* Breakdown of pennant forming , the next move is a move to $5.93 or back to $11

  • Bull: If price doesn't break below $8, $11 is next
  • Bear: If price breaks below $8, $5.93 is next
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