$SNAP - RC -
Added 2023-07-16 04:09:40 +0000 UTCI am not seeing an impulse structure here and the bounce since May has been very vertical with little to no pull backs....very different to a lot of the stocks we are watching lately and hope to start a position in or add to our positions.
There is a lot of uncertainty behind $SNAPs future and now Instagram seems to be a combination of both tik tok and snap, it's hard to see how snap can survive this competition long term.
For me, there are a lot better setups right now and this would not be something I would consider as a long term hold.
