Risk reward buy in is good. stop loss can be tight here. Potential upside of 600%
Snapchat has a loyal fanbase but can they keep their spending down and revenue together?
Me and many other people in and around my age use this app daily. For over a decade now.
I dont see this company going bankrupt anytime soon.
This is purely a technical analysis with some bias on the fundamentals because frankly I dont have the energy to do a fundamental analysis on snap. Buying in with only 20 shares. I see this as a low risk high reward opportunity for the long haul.
Leave a like or comment below if you're on board with the SNAP gains or a big hater and got some info I don't have.
Possible resistance points and areas are shown on chart.