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Snap Inc.
Long

$SNAP Breakout

687
Snap expects its revenue to rise 81%-85% year over year in the second quarter, buoyed by an easy comparison to its slower ad sales during the start of the pandemic a year ago.

* The Technicals are pointing to a breakout to all time highs out of this symmetrical triangle and inverse head & shoulder. A measured move from this pattern gives a target of 83.50 with an extended target of 94 on runners.


-Daniel Betancourt, OptionsSwing Analyst

optionsswing
Education first, profits second.
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Inverse Head and ShoulderssnapchatTrend Analysis

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Inverse Head and ShoulderssnapchatTrend Analysis
optionsswing
Education first, profits second.
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.