Tuesday, May 14, 2019 6:40:56 PM
After a initial pop on earnings the shorts were all over SNAP and the stock retreated 20% within days. We believe that the retrace is complete and the old downtrend is now acting as support. It is also notable that a
gap was filled and the price stabilized to the DIME on that level. Whats APP and TWTR's troubles in recent days may have stalled the communications sector advance but yesterdays news is soon forgotten.
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