Essentially, serious buyers are accumulating the stock at the lower levels. Early March, SNAP stock price witnessed a massive spike in the buying volume and prices rose upward with high momentum. stock (NYSE: SNAP) price closed the previous session at $11.21 with an intraday rise of 2.75% and market capitalization stood at $17.73 billion. Snap stock price recovered around 14% from the recent swing low and is approaching a higher consolidation range. However, the 200 day EMA is sloping downwards indicating that the positional trend is still in the downward direction. SNAP stock price (NYSE: SNAP) held onto prices above the 50 day EMA implying that a short term trend is in the favor of the bulls. Snap stock price gained approximately 10.44% on a monthly basis and formed a double bottom pattern inside a wide consolidation range. SNAP share price defended $10.00 showing decent recovery at the lower levels.stock (NYSE: SNAP) is trading below the 200-day EMA showcasing a downtrend. SNAP stock price is up by 10.44% on a monthly basis.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |