This is completely experimental and for research purposes only, this trade will only be followed by myself. I need to have a public store of all experiments to publicly track progress over long periods of time. Equal move (=1) making an expanding triangle pattern. This will complete at either two buy points indicated with the lower green boxes. Both areas are...
You have been warned! AI it does not fail eever since IPO
My fractal analysis of this stock shows we're possibly trading the last leg of the post IPO dip. Snap should be an easy BUY provided we wait for a clean break of the blue downward trend line. Happy Trading!
NYSE:SNAP is headed to 16.50. Retraced 50% of earnings gap down. Sellers coming in.
MASSIVE SHORT POSITION - REFER TO PREVIOUS CHARTS SINCE IPO
Why? - It is losing more money than it makes - It is not growing company based on user - Facebook is adding similar features on Messenger, Instagram and Facebook App See my previous idea on $snap
I see next resistance around $19.80 with it continuing a negative downtrend into ER.