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hussain9
Apr 17, 2017 9:42 AM

SNAP buy set up  

Snap Inc.NYSE

Description

Price : 20.21$
Time interval : 1 hour
Entrance : around 19.5
Target 1 = 24.39
Target 2 = 28.45
Stop Loss : 18.84
Profit expected :8.95$
Risk : 0.66$
All notes on the chart

Comment

We started the journey up .

Comment

close above 21.27 will confirm this move and I think it will move up fast .

Comment

We broke out a trend and we got an RSI positive divergance in 1 hour interval :

Comment

30 minute , Poosoible flat correction that can test 20$ again and strike up very strong :

Comment

we are in area of conolidaation

Comment

21$

Comment

22$ .
Any pullback to 21.5 or 21$ is for strong consolidation for a strong move in 3rd wave .

Comment

23$ is coming
Comments
S_A
I will rise my SL, with ATR just to minimize my risk..
S_A
nice picking, on time.. congrate.. follow after the rebounce..
hussain9
@S_A, thanks brother . I will update the chart
ExcitingTechnology
I'm going to join you on this one : ) ! Good luck and thanks for sharing your analysis!! Great job, as always.
hussain9
@ExcitingTechnology, you are welcome . Thanks brother .
SharkbaitAl
You have been doing a great job with your analyses of SNAP. I was waiting for 19.53 and didn't get picked up. Good luck on your trade.
hussain9
@SharkbaitAl, thanks brother my entrance is 19.85 . Wish for all the best .
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