SNOW has been pretty choppy lately if you ask me, but I do see some opportunity if it finally moves off of this area it's been at since the last earnings dump.
Nice looking bear flag here on the 4hr. I like puts with a stop above the bear flag, you could also wait for a downside break for more confirmation to enter. First downside target would be the previous all time low around 110. Final target is the flag pole projected target. I chose 95 for a nice whole number, it's hard to pick a target when a stock is making new all time lows, so I'll just be looking to scale out on any drops and see if it can hit 95 if I enter the trade.
Nice looking bear flag here on the 4hr. I like puts with a stop above the bear flag, you could also wait for a downside break for more confirmation to enter. First downside target would be the previous all time low around 110. Final target is the flag pole projected target. I chose 95 for a nice whole number, it's hard to pick a target when a stock is making new all time lows, so I'll just be looking to scale out on any drops and see if it can hit 95 if I enter the trade.
You reap what you sow.
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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.
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.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
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.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.