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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 15.90 and 15.07. If the stock breaks down through support at 15.90 then it will probably continue lower to 15.07. The stock will meet resistance at 16.57 and 18.17. If the stock breaks up through resistance at 16.57 then it will probably continue higher to 18.17. The 200-day moving average is at 14.98. This will also act as support. The stock is neutral according to the Stochastic Indicator (57.06).”
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