NYSE:SNAP Long above 64.28 w/ a price target of 66.94 & 69.42 Inverse Head & Shoulder Breakout Fall below 55.90, look to short for a gap fill
Theres a clear inverse head and shoulders pattern on the chart, which could be signalling the end of the consolidation period after its long bull run. (this pattern only completes if price hits the blue line I drew) Chances are the pattern will complete though since price closed near the highs and attracted more than average volume Tell me what you think, Like...
(This is not financial advice) Hello everyone cup and handle breakout play on SNAP here. This stock always seems to play well for me and proves to be a more and more profitable company. They did beat earnings and small a small run up with good volume coming through. I set up green lines for resistance and red lines for support, as well as a box that we can look...
Snap Inc. is expected to report earnings on Tuesday after market close. The report will be for the fiscal Quarter ending Mar 2021 . Right now we have small pullback before the earnings , snap reach to 65$ and created double top . Between 60$ - 65$ channel we can see very strong resistance (double top) ,there we have the downtrend Fib 50%-61.8% from Feb. we may...
$SNAP Bullish Unusual Options Activity $37M of May 7th exp ITM calls bought today Monitor for a close above $64. Note earnings coming next week - 4/22 after hours. Near term target: $70-$74 range by end of April Note: This is NOT investment advice. Educational only.
SNAP is looking weak to me with negative divergence on the 120 minute chart among others.
Looking to go long on SNAP? Consider this picture first, please.
Looks like it still needs to run up another wave until I'm bearish. Elliot wave theory!
The outlook of SNAP seems bullish in the coming weeks if the indicated support line holds. The recent retracement looks corrective and near completion. Potential targets are highlighted on the long side but please note the bearish alternatives and potential reversal/correction areas. Good Luck and have fun trading! Please note: the bar pattern to the right side...
$SNAP | #Analysis Price Target 60.68 🎯 Bump & Run Reversal ✅ Trend Reversal ✅ Break above Supply with Increasing Momentum ✅ Entry on Break of 55.80 with Confirmation ✅ Invalidated below 51.64 ❌
Snap has been under the control of bears since past 2 weeks, it has dropped by approx. 30 percent in recent sell off. I am very bullish on snap. It has shown good revenues and is one of the greatest competitor of Facebook. It is now sitting on a very strong support. It is a weekly support as well. I believe that this is a very good entry point, or if a better safe...
I like the look of SNAP here at these levels. Buying $53 Calls for next week. 1.60 average price. Looking for 55+