A stock worthy to be boxed. $SNAP analysis.

Hi everyone!

Today I am taking a look at the one and only SNAP.

This stock was born to be put into my boxes.
Just look at it
The most perfect boxes setup I've seen in a long time!

Key points are indicated on the chart.

The closest levels:
  • Strong supply on the upside at 79.
  • Magnet level at 73,6.
  • Strong demand level at 69,9 down below.


Key takeaways:

If we break the box with high volume we see 83.
BUT I do not expect the price to take over the long-term trend line yet.

Last days volume was not outstanding, so I expect retest of 69,9 first before making ATH.

Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
boxessnapStocksSupply and DemandTrend AnalysisTrend Lines

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