vf_investment

SNAP 160 % or more upside expected

Long
NYSE:SNAP   Snap Inc.
We expect SNAP to drop 15 % more from current prices.

-It will be a good entry for long as it will correspond with a low from March 2020.

-Target show in the chart. We expect the gap to get filled.

-Stop loss shown in the chart.

Snapchat is undervalued at those levels. Good buy also for a long-term hold.
Comment:
The trade is still valid.
We expect the price to drop to our entry area in the next weeks as September should be bearish for stocks and crypto.
Comment:
The price dropped to the entry area. If your stop loss didn´t hit, you can continue holding your long position, however we recommend booking profit on the way up and use a trailing stop loss strategy.
Trade active:
Snap looks great. We should see more upside soon
Comment:
Very bullish price action on SNAP. 20 $ is a matter of time
Comment:
we are bullish on SNAP. Dips are for buying

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