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Snap Inc.
Short

Possible fall of SNAP price

By trisperon
Updated
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
Comment
Entered short with 1:2 RR - SL@19.20 TP@16.50
Trade closed: stop reached
fibonacciprojectionsSupply and DemandSupport and ResistanceTrend Analysis

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