I wanted to share my thoughts on $SNAP.
We had a great gap up on earnings, but it was a retest gap, so I was waiting for some short of pull back. That's exactly what it's been happening the last few days, and we can see a hammer that formed today on the daily.
If tomorrow we open higher above today's HOD, I will be looking to go in long with target around all time...
Nice set up for a swing trade on NASDAQ:QCOM. Could also be a great day trade with different entry, stop loss and target.
Price breaking down under 100 SMA, and 13 EMA crossing down 50 EMA.
Nice gap and go, could head lower today and over the next few days.
STOP LOSS @72.46