Here we have a nice example of a advanced fork setup. If you know how the swings really, and I mean REALLY work, you know how to place the A/B/C points and therefore, what you can expect.
I don't trade this potential downside now, but I will observe until something screams in my face.
I have heard on a podcast , that the SNAP stock is super extremly overvalued, even considering
the Facebook valuation after going public ...
Fundamentally a clear short.
The only thing, which keeps the stock from plunching is the "Zuckerberg" put who is allegedly ready to buy
SNAP at 15$.
Tr8dingN3rd
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I think the playing field will be around 19 - 30 in the next view months.
But what the heck do I know hehe... Lets play the extremes, up & down. The holy fork will tell us when ;-)
the Facebook valuation after going public ...
Fundamentally a clear short.
The only thing, which keeps the stock from plunching is the "Zuckerberg" put who is allegedly ready to buy
SNAP at 15$.