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Analysis: #NASDAQ $SNAP

Case 110 #Snap Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

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#SNAP 1/4
Chart 1
Weekly Chart: Good recovery off the 2018 lows followed by a break/close above sloping #trendline resistance - leading to cluster support and preventing downward probes. .....

SNAP 2/4
..... Some #resistance seen at 19.80-20.05 (broken TL support) where we expect price to drift lower again. Strong resistance at 26.40/65 - a close above the latter is very #bullish.

SNAP 3/4
Chart 2
Daily Chart: The #Strategy is printed on the image.

$SNAP 4/4
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