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[QUOTE="SOLIDECN, post: 208704, member: 80239"] [JUSTIFY][img]https://i.ibb.co/GcnYpwr/snap-forum-2.png[/img] The shares of Snap Inc., the US company that owns the Snapchat messenger, are moving in a global downtrend around 13. On the daily chart of the asset, a global downward channel is forming, which emerged from the Triangle pattern, renewing the year's low at 12.8. During yesterday's trading, the instrument formed a downward price gap, making the prospects for upward dynamics practically zero. On the four-hour chart, it can be seen that although the quotes are near the channel support line, the most likely scenario will be a further decline to the target levels around 4. Technical indicators keep a stable sell signal: indicator Alligator's EMA fluctuations range actively expands downwards, and the histogram of the AO oscillator increases in the sell zone. [img]https://i.ibb.co/1JKPnRx/snap.png[/img][/JUSTIFY] [/QUOTE]
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