1) SNAP recently touched the weekly trendline for the third time and bounce off.
2) RSI is approaching overbought territory.
3) Fibs are around the 61.8 retracement mark.
Look for shorts to take control and booking of profits from traders and investors. Snap has more than doubled since late December. It looks ripe for a pull back.
2) RSI is approaching overbought territory.
3) Fibs are around the 61.8 retracement mark.
Look for shorts to take control and booking of profits from traders and investors. Snap has more than doubled since late December. It looks ripe for a pull back.
Order cancelled:
Exited call a while back.
Comment:
My idea was nowhere near what actually happened.