Snap Inc.
Short
Updated

Possible fall of SNAP price

307
A confluence of the 0.75 fibonacci leg and two previous resistances dating back to 2017 now can become the new support levels for SNAP. A worse than estimated earnings report could push an already halting uptrend. I'm short with 1:2 R/R ratio with SL @ 19.20 TP @ 16.50
Trade active
Note
Entered short with 1:2 RR - SL@19.20 TP@16.50
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.