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RE: $SNAP Bottom using JSNIP4 Reverse Indicator!
I'll bank my .40/sh gain from my short at 13.30 here at 12.90 market and sit on a limit to reshort at 13.40. Either that or I'll pick SGM up from amongst the smoking ruins. :-)
8/9/17 10:18 AM update: here comes the ole SNAPeroo back up towards 13.40 as purrdicted. I will pull my limit to short at 13.40 and see if I can nail this short opp "live!" :O
SNAP now at 13.22...and "strugglin"
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=snap&x=35&y=8&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
8/9/17 10.48 AM EST update: My 13.40 target has been acheived and therefore SNAP has been "compensated" for the mistake it made by selling down in the first place...from the "lower" high of 13.40 "after" teh high for this purrtickler move was made. No new sellsignal on my chart. So I will let SGM make the call and "pray" for higher prices. :-)
8/9/17 11:38 AM EST: SNAP now at 13.55..."live!" Since it is now signaling the first leg of my sell signal and I already banked a .40/sh gain I will short 100 shares here at 13.55 and "potentially" stop out on a move thru 414 which would leave me "no gain." Seems like a "reasonable" bet. target is a new 52 week low.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=snap&x=55&y=10&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
I also want to post SGM's Utube update spew he posted yesterday. My commentary was in fact "blocked" like I expected it to be. No response as of yet from SGM about SNAP so he is still holding..."obviously."
Ill buy 1000 opk here at 6.40. Like that? You must be shitting your pant UrGAZ is bad
Ill short 100 pcln here too at $1900 spot dead on
Why stand there like a dopey deer in headlight with thumb up your butt? You got anything to trade? How about your little bits?
8/10/17 9:36 AM update: SNAP approaching the $14 price where I would "consider" crapping out of my short, but since it is overbought to the point of correction I will simply hold.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=snap&x=62&y=13&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11