Snap has been under the control of bears since past 2 weeks, it has dropped by approx. 30 percent in recent sell off. I am very bullish on snap. It has shown good revenues and is one of the greatest competitor of Facebook. It is now sitting on a very strong support. It is a weekly support as well.
I believe that this is a very good entry point, or if a better safe trade will be a put credit spread. Indicator showing divergence and i believe it is ready to rise
Ideas is for entertainment. Not a trading advice. Trade at your own risk
I believe that this is a very good entry point, or if a better safe trade will be a put credit spread. Indicator showing divergence and i believe it is ready to rise
Ideas is for entertainment. Not a trading advice. Trade at your own risk
Nota
increased in price from the date posted. Power of technical analysis.Dagangan ditutup: sasaran tercapai
Nice 9 percent increase from the date postedPenafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
