Snap Inc.
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Put analysis - High risk trade

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Double Top reversal with volume-confirmed intermediate-term downtrend with minor upward fluctuation approaching support. Reversal point expected in coming days. Historical corrective downslope used to anticipate minimum downward trajectory of intermediate trend.
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Black Friday Update: Held onto the puts because my prediction was right at first, then when the price action turned bullish they lost 80% of their value. The price is currently in the Twilight Zone at $15.25. I need a market correction and a small miracle to reach the Jackpot zone by Dec. 20. I haven't lost all hope yet. I have short shares sold at $14.90 which I'll be getting rid of if the price reaches $17.
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The put contracts expired worthless. Was worth the risk.
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