SNAP LONG

The only​ bearish case for SNAP is if it gets below the 48 mark, other than that looking to fill the gap to at least $75. Bearish traders are looking to see the stock fall back below the $48 level and be able to hold below it. If this level can hold as an area of resistance, the stock could see a strong bearish push in time.

Levels to watch

R1:$58
R2:$62
R3:$70

S1:$48

CLOSE <$48 = TANK
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