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Snap Inc.
Short

SNAP Update - 60min Bearish 5-0

247
I posted a DAILY Deep Crab that suggest SNAP needs a serious retracement after its IPO before considering accumulation. The 60-min Bearish 5-0 in the CD leg has also lined up with an important COMPLEX RSI formation. As I outlined in myVOL2 book, these indicator formations are typically retested. THIS IS THE PROPER HARMONIC EXPECTATION! Execute SNAP off the short-term pattern and employ the Daily formation as the ultimate downside target @ 16.
ScottCarney
Scott Carney
HarmonicTrader.com
Founder
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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.
ScottCarney
Scott Carney
HarmonicTrader.com
Founder
Also on:

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.