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SNAP - WEEKLY BULLISH DIVERGENCE - LOOKS GOODSnapchat stock looks good now. The price creates higher lows. Weekly bullish divergences are not a joke. We expect SNAP to give 285 % gains in a long-term. Targets / Take profit areas are shown on the chart. SNAP is down 90 % from its ATH. It's not a time to be bearish . DCA into SNAP and enjoy the profit on the way up. We may see a pullback to retest the previous low or to create one more higher low before getting stronger momentum. However, there is a chance that the weekly bullish divergence plays out soon and we won't see lower prices. Good luck
NYSE:SNAPLong
by vf_investment
3
SNAP: WHERE IS THE RESISTANCE AND SUPPORT?Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Snap Inc. (SNAP). The chart is self-explanatory. Death cross on the 1D chart recently occurred. RSI is above the resistance line with a possibility for a re-test. MFI is at the resistance line with an attempt to break out. SNAP's price touched the 0.618 Fibonacci Retracement level before coming back down. It will need to break the 0.618 and 0.786 level to continue the rally upwards. There is resistance with the EMA Ribbons and the top line of the Descending Broadening Wedge. Volume has picked up. Please review the chart for the remaining notes. Included in the chart: Trend line, Support and Resistance Lines, RSI , MFI , Death Cross, Simple Moving Average, Fibonacci Retracement, EMA Ribbons, Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have additional charts below on cryptocurrencies, stocks and more to review. Check them out! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
NYSE:SNAP
by MillionaireEconomics
3