Keep a very close eye on the volume profile for
$Snap Inc(SNAP)$ as we head toward mid-June. CEO Evan Spiegel explicitly teased major updates on their lightweight immersive 'Specs' smart glasses for the upcoming Augmented World Expo (AWE) on June 16th. Their multi-year strategic expansion with Qualcomm's Snapdragon Spaces developer platform gives this hardware push serious technical credibility that the market is valuing at practically zero right now. If they show a legitimate, enterprise-ready or consumer-viable AR eyewear roadmap, a heavily shorted stock sitting right at a multi-year liquidity floor of $6 is going to experience a violent volatility squeeze.
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