I had been watching SNOW for a long but it failed to hold up and is now in the big earnings gap where there's not much structure. I think the ideal short entry would be on a retest of $161 targeting $145.
I wouldn't be interested in puts above $161 but I think it has good potential to move down to $145 and then fill the gap from November.
I wouldn't be interested in puts above $161 but I think it has good potential to move down to $145 and then fill the gap from November.
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Short entry triggered here on the retest of the $161 area. Lots of names are coming into resistance during this little rally. VX is breaking down again as well, but still leaning bearish for now until we see more stocks reclaim prior support.You reap what you sow.
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The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
You reap what you sow.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.