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Indices Updates by Solid ECN
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[QUOTE="Solid ECN, post: 208167, member: 83167"] [JUSTIFY][img]https://i.ibb.co/ZVfqPxB/snap-forum-2.png[/img] The shares of Snap Inc., the American company that owns the Snapchat messaging service, are falling around 21. On the daily chart of the asset, a global downtrend is forming, within which the price began to implement the Triangle pattern: the support line at 32 was successfully broken, and now, sell positions can be active. On a four-hour chart, the price renewed the year's minimum at 24, and now, the main target for the downward movement is around 12. Technical indicators confirm the high probability of continuing the global decline, maintaining a stable sell signal: indicator Alligator's EMA fluctuations range actively expands downwards, and the histogram of the AO oscillator grows in the sell zone. [img]https://i.ibb.co/yXxBBJ2/snap.png[/img][/JUSTIFY] [/QUOTE]
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