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Today we look at SNAP on the 2 minute chart. After polling the room we determine that we are looking for a short side setup assuming SNAP rallies into our moving averages. We see that there is a thrust candle up to our entry and unfortunately a few people are stopped out. Nice topping wicks are a plus for the bears but we will have to see what ultimately happens. Remember, anything can happen in trading. After initial weakness, the chart continues to move higher before giving a little bit of hope for the shorts. Then the chart rips off the faces of the shorts. There is no room for stubbornness in trading so we observe those who did not follow their rules to stop out.