Long on Snap
업데이트됨
Good day on today's stock pick we had a re-enter on 
SNAP. We believe the company is currently undervalued and despite it's terrible earnings report, we still believe the company has a long term value and in worst case scenario to be bought over by 
META with the attempt to expand their monopoly on the App space.
Position:
- Entry 1: $10.73
- Entry 2 (Buy Limit) : $9.75
- Entry 3 (Buy Limit) : $7.89
- SL: $9.25
- TP 1: $13.75
- TP 2 : $23
RR:
- 2.45
Reward:
- 0,30 %
- 31.4 PIP’s
- 3.01$
Risk:
- 0,20%
- 12.8PIP’s
- 1.53$
Confluence’s:
1. 3 consecutive bullish weekly candles
2. Weekly order-block on 16 March 2020
3. Low Intrinsic value
4. Clean 4h break and retest on order-block as above mentioned.
5. Huge gap to be filled between 21st and 22nd July 2022
SNAP. We believe the company is currently undervalued and despite it's terrible earnings report, we still believe the company has a long term value and in worst case scenario to be bought over by META with the attempt to expand their monopoly on the App space.Position:
- Entry 1: $10.73
- Entry 2 (Buy Limit) : $9.75
- Entry 3 (Buy Limit) : $7.89
- SL: $9.25
- TP 1: $13.75
- TP 2 : $23
RR:
- 2.45
Reward:
- 0,30 %
- 31.4 PIP’s
- 3.01$
Risk:
- 0,20%
- 12.8PIP’s
- 1.53$
Confluence’s:
1. 3 consecutive bullish weekly candles
2. Weekly order-block on 16 March 2020
3. Low Intrinsic value
4. Clean 4h break and retest on order-block as above mentioned.
5. Huge gap to be filled between 21st and 22nd July 2022
액티브 트레이드
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.