We don't typically trade stocks, but rather forex. However, after watching price action on SNAP, we really like a short position to the 18.30 level over the next several trading sessions.
Note
The timeframe on this trade will have to extend out a bit, but we remain confident as we patiently wait for our 18.30 target level to be hit.Trade closed: target reached
Price action took a bit longer than expected, but our patience paid off as our target level at 18.30 has been hit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.