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Snap Inc (SNAP) “On a long-term technical basis, the stock (SNAP) is trading above its 200-day moving average which generally implies it is in a positive trend.
The stock has support at 21.48 and 19.76. If the stock breaks down through support at 21.48 then it will probably continue lower to 19.76. The stock will meet resistance at 26.76 and 30.11. If the stock breaks up through resistance at 26.76 then it will probably continue higher to 30.11. The 200-day moving average is at 16.65. This will also act as support. The stock is neutral according to the Stochastic Indicator (42.39).”
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