SNAP - Potential PO3 to 19$ and higher

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SNAP - Potential PO3 to 19$ and higher Snap, Inc. Class ABATS:SNAPKingsii13Over the past few years, SNAP has caught a lot of FUD around revenue growth, profitability, and its ability to consistently produce positive cash flow. But ask yourself this: Can a company with nearly 950 million monthly users really not find a way to monetize that attention over time? I believe the market often prices fear before it prices potential. Headlines are emotional, delayed, and often designed to shake people out. But the chart shows where money is actually positioning. And right now, SNAP is in an interesting spot technically. It’s currently sitting in a PO3 structure after sweeping ATL. If price takes the lows one more time and then delivers a clean HTF BOS, that could open the door for significant follow-through. For me, the thesis is simple: Attention is valuable. Scale is valuable. And if SNAP improves monetization even slightly, the upside could be massive. The news creates the noise. The chart tells the truth.