Snap Inc.Long
SNAP - PEG consolidation on VCP pattern (8/16/2021)
Consolidation after PEG. Has shown it is holding the gap up and is currently sitting at the bottom 68% of the fixed volume range since PEG. Volume is drying up indicating that seller are getting tired. All KMA are in a uptrend but could use some more time for a consolidation.
Entry: 75ish
Stop: 72ish
Risk: 4%
Entry: 75ish
Stop: 72ish
Risk: 4%
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