My View on SNAP
Snap is trading in the uptrend and do consolidation on the weekly chart.
This company is very good to buy and hold. My prediction based on technical analysis, I believe SNAP would reach $100 in the next 12 months.
SNAP is trading at $60 after breakout the trendline. It would backtest the strong support level at $56, then go to $73 in the short-term as the previous ATH.
Therefore, my entry is $54 - $56 range, if the price action is a bullish candle in the daily chart.
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This is not financial advice. I'm not a Financial Advisor.
Trading is a high risk, do your own DD.
Let me know what you think
Cheers, I would share all my thought next time.
PEACE.
This company is very good to buy and hold. My prediction based on technical analysis, I believe SNAP would reach $100 in the next 12 months.
SNAP is trading at $60 after breakout the trendline. It would backtest the strong support level at $56, then go to $73 in the short-term as the previous ATH.
Therefore, my entry is $54 - $56 range, if the price action is a bullish candle in the daily chart.
-----------------------------------------------------------------------
This is not financial advice. I'm not a Financial Advisor.
Trading is a high risk, do your own DD.
Let me know what you think
Cheers, I would share all my thought next time.
PEACE.
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