SNAP - swinging within channel A good candidate for swing trading (until the channel is broken). :)
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
1SNAP trade ideas
SNAP - hit FIB 618 line a few days ago now its is bouncing UP!!SNAP - hit FIB 618 line a BACK ON DEC 28th --- then holding once more at the fib 50 ---- now its is bouncing UP with solid moevement for today!! RSI in good shape --- solid week for DOW helps move everyone up.... through the week ----- IT should continue the momentum... as 54.71 recent highs may be reached soon...and passed
SNAP Possible BreakoutSNAP coiling tight into the apex of the ascending triangle. Solid support along lower trendline and 8 EMA. Breakout could go either way with current market volatility, so playing it safe. My entry will be break of resistance and break of RSI upper trendline.
Decent volume but big OI on the 1/15/21 $55c and $60c.