Snapchat is overbought in the short term and indicators are showing a steep decline.
First: MACD shows weakening bullish divergence
Second: D+ shows high levels of bearish divergence
Third: RSI is 71.62 indicating that the stock is overbought
Fourth: Candle bodies are getting smaller as price increases showing that bullish volume is decreasing as price increase, and in order for bullish volume to increase, price needs to decrease.
Think of SNAP needing a mini correction. I believe we will see this correction during the second half of the week.
Comment your thoughts below! Leave a like if you agree and make sure to follow
First: MACD shows weakening bullish divergence
Second: D+ shows high levels of bearish divergence
Third: RSI is 71.62 indicating that the stock is overbought
Fourth: Candle bodies are getting smaller as price increases showing that bullish volume is decreasing as price increase, and in order for bullish volume to increase, price needs to decrease.
Think of SNAP needing a mini correction. I believe we will see this correction during the second half of the week.
Comment your thoughts below! Leave a like if you agree and make sure to follow
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。