longtrade

SNAP - Next Few Months will be crucial

NYSE:SNAP   Snap Inc.
Support - $12
Resistance - $16

A pennant is being formed here, so very likely that it will trade within the range and then break out either to the upside or downside.

Next few months will be crucial for SNAP and we will get a clear picture to where it is headed.

NOTE TO SELF : HOLD
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