Snap Inc.
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SNAP Longer Term Buy and Hold

261
Snap lost over 80% since September 2021.

Recent price drop..they basically said they won't make earnings.

Support zone between $4.90-$8.00. If price drops below the $4.90 price it might start getting sketchy.

If we see a gap fill, I expect to see some resistance going through $27 zone.

Ultimately I can see the stock go between $40-$48 long term.

I'll probably be buying in and checking on price over the year while snagging more and more. But I don't expect anything huge soon. It'll be a slow crawl in '22 and picking up steam in '23.

Already bought some at $14.22..

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