Pier1972

SNAP Gap down - will buy a reversal

Pier1972 Updated   
NYSE:SNAP   Snap Inc.
Snap Gapped down this morning on strong ADX and D+, so i will buy the reverse over 11.50 , that will be sign of continued strenght for the stock, and a nice way to join the trend.
Look at AAPL, did the same thing last week.
Buy stop in place at 11.51
Trade active:
Tooked the first part out.
If we close in strenght, i will the trade go.
Trail up the the stops.
Comment:
Nice strong close for SNAP near the HOD, is a good sign, so i will stay in .
Trade closed manually:
This Daily Flag still look good, but tomorrow SNAP earnings coming, so not wise to stay in.
Some profit on the trade.
Comment:
Earnings on 24 apr not 23.
same stuff.
Comment:
Fantastic resolution of the trade, perfect flag to trade, unfortunately we are near earnings.
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