The thought process is secret ;)
The chart simply illustrates a likely path.
Consider other people besides me for financial advice, none here.
----------
Risk:
Snap could very well be below $6 a share in the coming month.
There could be a flush out down to the low $6's..
Double digit losses those would be... May be best to unrealize them in that scenario. This company has too much of a base of users to lose bids at such levels..
Thus, you risk sitting on losses in the nearterm.
-----------
Reward:
What is, in my opinion, a 10x'er over the course of the next few years.
Not financial advice.
The chart simply illustrates a likely path.
Consider other people besides me for financial advice, none here.
----------
Risk:
Snap could very well be below $6 a share in the coming month.
There could be a flush out down to the low $6's..
Double digit losses those would be... May be best to unrealize them in that scenario. This company has too much of a base of users to lose bids at such levels..
Thus, you risk sitting on losses in the nearterm.
-----------
Reward:
What is, in my opinion, a 10x'er over the course of the next few years.
Not financial advice.
Note
Market Cap per Daily Active User ($/dau):META: 4,100
Reddit: 400
Snapchat: 30
Snapchat lags, disturbingly, behind yet the app is everywhere for the youth in America. Do not expect the lag to continue..
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.