brookc1987

SNAP possible breakout to the downside

NYSE:SNAP   Snap Inc.
SNAP broke out to the downside through an up trend and is now in the Kumo cloud on the daily chart and will find support around $21.20 then will either dump through or bounce back. Its a little oversold on the Stochastic indicator which helps me to see support around that $21.20 area. It broke through the Kumo cloud on the 4 hour and looks very Bearish.
RESISTANCE LEVELS= $21.80
SUPPORT LEVELS=$19.62 $18.93 $16.63

BIG PRICE GAP THAT NEEDS TO BE FILLED AT $13.30- $$14.48

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