Snapchat (SNAP)
Today’s Chart of the Week comes directly from our powerful Under the Hood report.
This scan shows unusual increase in investor interest from options activity, insider transactions, increased volume, and numerous other data points.
We then hand select the best risk/reward opportunities from that report, and this week that has to be Snapchat (SNAP).
It’s a $115 billion communications stock that looks ready to break out.
We like SNAP long above that 69 level with a target of 110, for a potential 59% profit.
Til next week, good trading,
JC Parets
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