Snap Inc.Singkat
Overbought
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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.