Below are a few ideas I looking at for trades this week. They each have their own story but I've gotten interested simply based on their charts alone. I'll need to do further research before I trade any of the long ideas but I'm already positioned to benefit from a fall in the shares of SNAP. I really believe this is a stock in trouble. So despite my aversion to trading the perils of an American company, I feel compelled to do so in the case of SNAP. I think the money's to be made on the short side.
I am an Individual Investor with specific interest in long term growth and then enhancing my returns with income from dividends and derivatives. I don't recommend stocks to anyone (it's a good way to lose friends) and no one reading this should misinterpret my blog as a recommendation for any type of investment. I am writing this solely for myself and my kids.
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