SNAP Just broke below $12.00 support which is now the resistance. DAU decreased last quarter and rev. growth will also slow down. Given its growth prospects, I do not think this co. deserve a 15x p/s. At $11.64 it looks like a good price to open a short. Insiders are also dumping.
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Interesting, closed red, weak, when major indexes are up.
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$9.82 hit single digits, weak. Oversold short term, rsi of 23, so a bounce is likely.