Kylie Jenner's Tweet Causes Snapchat Shares to Drop
📊 SNAP — Piyasa Yorumu
▼ down · 60%The news headline indicates that Kylie Jenner's negative tweet has weighed on Snapchat shares. Such celebrity influence can create short-term selling pressure. On the technical side, the RSI is neutral at 54, while the MACD is below zero but close to its signal line, suggesting weak momentum. The price is above the SMA20 but just below the SMA50, increasing the likelihood of encountering resistance. The 0.98% decline over the past 24 hours may reflect the impact of the news. The short-term trend could remain bearish, but confidence is moderate as the news effect may be temporary.
📊 GOOGL — Piyasa Yorumu
■ neutral · 60%GOOGL shares rose 3.8% in the last close, with the RSI at 68, approaching overbought territory. The MACD remains below the signal line, indicating a potential weakening of short-term momentum. Although the news headline impacted Snapchat shares, no direct effect is expected for GOOGL. Technical indicators maintain a bullish trend, but due to overbought signals and weakening momentum, a sideways movement in the short term is highly likely.