Us it time to go long and shoot for the Monday/Tuesday GAP ($21.71-$14.57) in SNAP Inc.? Perhaps.
It looks like the short-term bearish push may be over Here's the trade:
1) A market buy from $14.50
2) Profit Target, $17.00
3) Initial Stop Loss just beneath $12.00
4) Payoff is 1:1 for $2.50 (17.2%)
It looks like the short-term bearish push may be over Here's the trade:
1) A market buy from $14.50
2) Profit Target, $17.00
3) Initial Stop Loss just beneath $12.00
4) Payoff is 1:1 for $2.50 (17.2%)