dorfmanmaster

Snapchat technicals BULL

Длинная
dorfmanmaster Обновлено   
NYSE:SNAP   Snap Inc.
Two bullish flags have been raised. We could potentially see another.

Technical analysis

  • RSI(10) @72 reaching for higher highs.
  • OBV confirming at its peak for 2019.
  • CCI(20) @115 - Could potentially reach 240 for bounce
  • Resistance @$17.8 / Support @11.5


Fundamental analysis
On a fundamental basis, I don't think Snapchat will do well long term.

They're getting into gaming with Zynga (ZNGA). That might help short term though.


Комментарий:
Third flag raised!

News Headlines that pushed bulls:
BTIG (capital market company) say investors are ignoring its recovery.

Short-term rally is continued.
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