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SNAP - Textbook Wyckoff Distribution
SNAP
, 15
Short
SNAP: SNAP - Textbook Wyckoff Distribution

NYSE:SNAP looks to have entered a Wyckoff Distribution pattern after the massive bull run. Insider selling plus big synthetic short position on the Jan 5 14.5 options points to NYSE:SNAP being out of gas. Starting a short position here towards the top of the trading range, will add if it breaks below 16.5 w/ volume. GLTA

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