SNAP Trade on Jul 24, 2019 11:05 from beno: Tradervue User Stock Trades.

SNAP had a terrific opening drive moving $1. I was hesitant to jump in on the first pullback because it was 10 cents above from my ideal buy price which was the 16.7 (yesterdays high). After seeing it develop a wedge/flag pattern above the 16.7 level I decided to try and get in before It broke out. I tried getting in once at 17.2 but got stopped out at 17.06 when It broke down and consolidated between 17 and 17.10. During this consolidation I tried to get back in but got stopped out at 16.94. The flag pattern is still forming as I write this, should I try to catch the break out again? I tried to play the pattern again at 12:30, I bought at 17.07 and I had a wider stop this time at 16.92. I ended up exiting the trade at an average price of 17.135 because the character of the stock had changed and has been down trending since its high at 12:05. The flag pattern was no longer recognizable.