The current volume analysis on 
SNAP is indicating possible bullish continuation.
The pole on this bull flag saw increased demand as price continued higher, followed by falling supply as price consolidated within the flag. The bullish breakout would have to equal minimum 1/2 of the previous flag pole. A 100% extension could also result.
Bearish scenario is a breakdown below and negation of the bullish flag. Bearish stops should be placed below the previous low and bearish breakdown of the flag.
SNAP is indicating possible bullish continuation.The pole on this bull flag saw increased demand as price continued higher, followed by falling supply as price consolidated within the flag. The bullish breakout would have to equal minimum 1/2 of the previous flag pole. A 100% extension could also result.
Bearish scenario is a breakdown below and negation of the bullish flag. Bearish stops should be placed below the previous low and bearish breakdown of the flag.
Nota
$13 test of VAH. Volume on rise was weak. There was something wrong with price action moving up to $17.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.