SNAP simple short!

5 בפבר׳ 2021

expiration of this Friday contract. now it is time to short. Fib retracement, Modified Fork, resistance line and logarithmic fib channel are obvious. we are at the end of impulse elliot wave of today.
It is actually more conservative target than aggressive. Put for next Friday expiration.

23 בפבר׳ 2021

הערה

returned exactly from the end of the channel. shows that the channel is still active. based on the candle patterns wait for monthly put again in the range of 67-71

24 בפבר׳ 2021

הערה

I put on snap when it brakes the channel and could not continue. as I explained why in the above. got it when the second time made a resistance and made double top at 73. I put on it when it came back to channel at 72

25 בפבר׳ 2021

עסקה סגורה: היעד הושג

target reached for second time when it reached the midle red line. I closed my put position when it reached red line at 64.5