SNAP Breakout Long (8/5/21)

2021年8月5日

Clean breakout on 4h/daily chart with double bottom forming around support levels. Could definitely retest ATH with volume and as long as major indices hold up, current price target around $79.

Support above the earnings gap up seems to have held up well, wouldn't consider puts/short unless we breach the level with volume.

2021年8月5日

交易开始

Late posting as I was getting familiar with tradingview. I was filled for 8/13 77C at 1.54 yesterday, the premium is around 2.20 now but I still think this setup is valid. I may take some more profits later.

2021年8月5日

交易开始

Our calls are now ITM, I'm taking profits on 1/3 of my contracts at 2.57 for a 66.8% gain.

2021年8月5日

交易手动结束

Volume dying down, I'll exit the rest of my contracts here for 2.24. Feel free to hold at your own risk.