$SNAP Got Snapped — UltraShorts Feast AgainSnap Inc.BATS:SNAPantonini2002Glad we got out on time! UltraShorts at 9.75, 9.60, and 9.40 on SNAP nailed the breakdown ahead of today’s post-earnings cliff — a clean 20%+ drop gift-wrapped for the bears. UltraBuys from 8.40 and 8.90 gave solid bounce trades earlier in the cycle, but the 200 SMA resistance kept bulls boxed in. After today’s flush under $8.00, all eyes are on the next UltraBuy or UltraShort setup — are we due for a dead cat bounce, or is sub-7.50 in play? 🐾 Have a feeling that it will take some time to restore confidence and get people back in.... Use https://www.ultraalgo.com/ to optimize stock with backtesting algorithmic signals. Try now with a Free Trial. 🚀