Snap Inc.
업데이트됨

Snap Inc. $SNAP is leading, now waiting for follow through

149
The stock formed a long base while above its moving averages and in the last weeks is been leading the sector. So, I took position on SNAP on the breakout above the $65 resistance level. Now waiting to a good follow through to buy more. A good buy level for me would be higher than $69.60.

The risk/reward ratio (2:1) has a target price above another resistance level, so I'll be very carefull once it gets there. Probably I'll just rise my stop to breakeven.

SNAP is been having a really good revenue growth, annually and quarterlly. Its EPS is not as good as I'd like but it has the technicals that I look for.
매매 수동청산
Sold my position just before the close. Biggest down day in months and 6 down days in the last 9 trading days. I'll wait for a better setup.

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