on Big tech, SNAP has risen without any major resistance to settle just below the ATH today.
The options market is quite bullish also.
Fibonacci expansion targets $30.00 - $33.00, this could be a major breakout coming from a 3 year base.
If not willing to long into earnings, wait for the event and the inevitable pullback to test old resistance as support.
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.