SNAP - PEG consolidation on VCP pattern (8/16/2021)

Consolidation after PEG. Has shown it is holding the gap up and is currently sitting at the bottom 68% of the fixed volume range since PEG. Volume is drying up indicating that seller are getting tired. All KMA are in a uptrend but could use some more time for a consolidation.

Entry: $75ish
Stop: $72ish
Risk: 4%