Snap Inc.

SNAP to $24-26

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SNAP just bounced off a nice support line of $20.66 created a channel at $22.33, retested 20.66 and bounced off. That is a strong indication of a reversal back to the upside. I would like to see SNAP really pull away from the small bearish flag that could be developing. If that happens we can easily see $24.05 which is a resistance line. Once broken, we have resistance at $26.73 and ATH at $28.23. Failing to break this bear flag could send SNAP back down to $19

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