Snap Inc. (SNAP) has been bearish almost the moment it went public. The daily chart shows the bearish trend during 2017. Price did find support around 12 pushed above above a common resistance at 14. This opened up a bullish correction, but it is possible that the overall trend is still bearish.SNAP Daily Chart(click to enlarge)Reasons to Sell:1) Prevailing trend is bearish and there is no sign this has ended, although the break above 14.00 was a bullish sign. This bullish sign is for the short-term, The bearish outlook for the year would still intact despite this short-term bullish scenario. 2) SNAP is testing a falling resistance. 3) The RSI is around 60, and should hold under 60 if the market is indeed bearish.- Now, let's say price retreats. This would open up the bearish continuation scenario. - BUT if we start to see price hold above the 13-14 area, then we can start talking above a price botto