Looks like the price is retesting the channel support from 2014 before moving up. There is great confluence from 2019 when the price had its spring retest. SNAB RSI is showing bullish divergence on the daily chart and EMA is trading above the RSI.
This is one people have loved to short. There are probably a lot of sell orders that get filled quickly and then are going to be covered in short order. Great melt-up potential