SNAP Short Swing Trade
Yesterday an alert I set on a pending SNAP triggered signifying what I thought would be the top of the breakout. I took an initial 12/17 50 put entry off of strong bearish divergence when what I thought was wave B hit a resistance and then doubled the position when the Pa fell below the head and should neckline.
Closed position today for $300 profit, but I'm not sure the downward movement is complete. After my piss poor trade management with AMD yesterday though, I'm looking to do better with profit and loss management. So, ill be looking to re-enter later today.
Closed position today for $300 profit, but I'm not sure the downward movement is complete. After my piss poor trade management with AMD yesterday though, I'm looking to do better with profit and loss management. So, ill be looking to re-enter later today.
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