Snap Inc.Short
Fell Below Support
Snapchat has fallen below its support level as indicated by the Kurotoga Cloud. Last time this happened on the 30min it only stayed in a downward cycle for 1 day before breaking through resistance. We are almost guaranteed that SNAP will continue to fall tomorrow but not as steep as today. Based on candlestick analysis I do not see Snapchat going any lower than 51.10 tomorrow.
That may not be the case if something beyond the technicals drive the price and cause SNAP to rise.
Stay tuned for trade activity and follow for more predictions.
That may not be the case if something beyond the technicals drive the price and cause SNAP to rise.
Stay tuned for trade activity and follow for more predictions.
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