Potential long swing on SNAP
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 highs.
If you are interpreting this thing in any other different way I would love to know, thanks!
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 highs.
If you are interpreting this thing in any other different way I would love to know, thanks!
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