Overall bullish, respectable channel, large swings within it.
Bought Snapchat as it seemed relatively unaffected by the Aug 5th dip which seemed bullish. However, unlike AMD and FSLR this was not already low on the RSI and is now happily swinging low according to the trend, or maybe a more delayed reaction to the overall markets, so perhaps I should have waited for that. This one is another long-term play for swing trading the channel.
Maybe I'm a year too late and the whole financial system is about to implode, who knows?
Bought Snapchat as it seemed relatively unaffected by the Aug 5th dip which seemed bullish. However, unlike AMD and FSLR this was not already low on the RSI and is now happily swinging low according to the trend, or maybe a more delayed reaction to the overall markets, so perhaps I should have waited for that. This one is another long-term play for swing trading the channel.
Maybe I'm a year too late and the whole financial system is about to implode, who knows?