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Prove that stocks go up when creating a new support (red line)

NYSE:SNAP   Snap Inc.
On my previews prediction I only used support and resistance to predict that the stock would go up, I did the same thing with SNAP and it went up as predicted. Before looking at indicators I recommend to find the support and resistance level. As stated on my last idea, whenever the stock does NOT crosses the already built resistance, or when it doesn't even touches the line, it could mean that the bullish trend is about to be over for that stock.

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.