$SNAP Oversold Bullish Inverted Hammer

13 May 2019

SNAP Looking oversold today finding support at $10 gap-fill from March.

Fundamentally I like SNAP in the near term due to the success of unique filters introduced recently. They've been all over social media across all platforms. Definitely seeing a trend. Daily active user number should get a bump up for the quarter fueling ad sales.

Target - $13.00 by mid to late July



Note: Informational, not investment advice.