DeCryptedTrading

SNAP idea for trading setup

NYSE:SNAP   Snap Inc.
Keep an eye on the levels between 0.618 ($12.50) and 0.5 ($11.70), a break down with momentum of the $11.70 level might lead to the retest of lows or even look for lower lows.

A break out with a good volume of the 0.786 ($13.70), can lead to the $15 levels and even a retest of the trendline.
Comment:
Price has gaped above the previously discussed level.
Buyers are trying to get back into the uptrend I would not try to go against the tide price can sill rise to $19

Buy high, sell low
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