$SNAP: Weekly trend reversal?

4 มี.ค. 2023

Interestingly, SNAP is going for a 2nd attempt at a long term trend reversal here, worth noting. If it holds over $9.85 we could get a substantial rally out of this one. It is interesting because market participants are seeing SNAP as a kind of reflection of the economy, and as a leading indicator for META and GOOGL.
Let's keep an eye on this one, I'm not in the trade in this case but following it for analysis purposes.

Cheers,

Ivan Labrie.