A stock worthy to be boxed. $SNAP analysis.
Hi everyone!
Today I am taking a look at the one and only
SNAP.
This stock was born to be put into my boxes.
Just look at it
The most perfect boxes setup I've seen in a long time!
Key points are indicated on the chart.
The closest levels:
Key takeaways:
If we break the box with high volume we see 83.
BUT I do not expect the price to take over the long-term trend line yet.
Last days volume was not outstanding, so I expect retest of 69,9 first before making ATH.
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
Today I am taking a look at the one and only
SNAP.This stock was born to be put into my boxes.
Just look at it
The most perfect boxes setup I've seen in a long time!
Key points are indicated on the chart.
The closest levels:
- Strong supply on the upside at 79.
- Magnet level at 73,6.
- Strong demand level at 69,9 down below.
Key takeaways:
If we break the box with high volume we see 83.
BUT I do not expect the price to take over the long-term trend line yet.
Last days volume was not outstanding, so I expect retest of 69,9 first before making ATH.
Trade wisely and good luck!
-----------------------------------------------------------------------------------------------------------------
Disclaimer!!!
This is not financial advise.
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