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SNAP ShortSnap is going to sell off due to a reduction in its own customer base, they will make less revenue for at least the next 2 years until they can recoup their losses. I plan to short SNAP at 49.50 and if it rises to 52.50 I will double down, max loss at 54. I will double down at 47, and sell half at 46, re-add at 45, sell again at 44, re-add at 43, and sell at 42. I created a predictive outline of how I think it will trend. This stock will continue lower as all previous fundamentals are now NULL AND VOID.
NYSE:SNAPShort
by Synaptic724
Fell Below Support Snapchat has fallen below its support level as indicated by the Kurotoga Cloud. Last time this happened on the 30min it only stayed in a downward cycle for 1 day before breaking through resistance. We are almost guaranteed that SNAP will continue to fall tomorrow but not as steep as today. Based on candlestick analysis I do not see Snapchat going any lower than 51.10 tomorrow. That may not be the case if something beyond the technicals drive the price and cause SNAP to rise. Stay tuned for trade activity and follow for more predictions.
NYSE:SNAPShort
by Myantman101
20
Stocks to Watch 12/06/2020The Bull Market is strong, but many stocks are extended and sentiment seems to be extremely bullish. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 30 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. There are also some "COVID" stocks which may be setting up again. . Know your time frame and risk tolerance, grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NYSE:BILLLong
by Jtacher51
1
Stocks to Watch 11/29/2020The Bull Market is strong, but many stocks are extended and sentiment seems to be extremely bullish. I am cautious with new buys until the sentiment cools off a little. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 28 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. There are also some "COVID" stocks which may be setting up again. . Know your time frame and risk tolerance, grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:SPTLong
by Jtacher51
2