My View on SNAPSnap 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.
