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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 implies it is in a positive trend.
The stock has support at 18.17 and 16.64. If the stock breaks down through support at 18.17 then it will probably continue lower to 16.64. The stock will meet resistance at 19.31 and 22.36. If the stock breaks up through resistance at 19.31 then it will probably continue higher to 22.36. The 200-day moving average is at 14.57. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (92.52).”
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