May 20, 2025, 11:50 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SNAP
- Buy SNAP near 8.39 target 10.7 stop loss @ 8.37 Details
The technical summary data tells us to buy SNAP near 8.39 with an upside target of 10.7. This data also tells us to set a stop loss @ 8.37 to protect against excessive loss in case the stock begins to move against the trade. 8.39 is the first level of support below 8.575 , and by rule, any test of support is a buy signal. In this case, support 8.39 is being tested, a buy signal would exist.
- Short SNAP slightly under 10.7, target 8.39, stop loss @ 10.73 Details
The technical summary data is…
May 20 2025
