Snap Inc.
Long

SNAP - No Longer Ghosting 👻

601
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📦 SNAP has been confined within a range for nearly a year, indicating a significant accumulation phase.

📈 For bullish momentum to prevail, a decisive break above the upper boundary at 14.0 is crucial.

In such a scenario, the Markup phase would initiate, propelling the price towards the 30.0 mark.

🏹 Meanwhile, SNAP is expected to consolidate. As it nears the lower bound at 10.0 once again, we will be actively searching for new short-term buy setups.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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