SNAP possible breakout to the downside

2020년 8월 10일

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