$SNAP falling wedge continuation

Looks like a good risk/reward play.

Long term support has held in a falling wedge after a run up from its March lows.

I will start scaling in to long term calls.

Dagangan aktif:

I am using a PMCC strategy where I sell shorter dated calls against my far dated one. Will re-evaluate the position if the support range breaks.

Dagangan ditutup: sasaran tercapai:

Was a great hold as its earnings blew it out the water.