we find a very good trading idea by buying snap now stop is at 16 dollar per share
Hey, #SNAP has currently formed a regular flat pattern on the 15 minute. We do have confirmation of the flat structure but now we need to look for a good entry point to possibly ride the bullish move. Look for lower degree bullish trend continuation setups and manage your risk!
Broken charts take time to heal and this one is showing signs of improving. Pullback from 200EMA but at volume shelf. Still could go either way. Distribution here again would be catastrophic. Tight PA here around 10 bodes well for 12.50. watch for flag on the daily for potential gap fill above. No position yet, but on close watch
Snap Inc (SNAP) has been on an incredible rise since practically October 26, which was straight after the bottom on the Higher Lows trend-line of the 1-year Bullish Megaphone pattern. Technically that is the pattern's 4th bullish leg towards its top (Higher Highs trend-line). The price is very close to that level, which is also where the 1W MA100 (red trend-line)...
Late cycle catch up momentum play? seems likely #APPL is closing in on $200 could that push the laggards higher?
Snap (NYSE:SNAP) shares rose more than 2% pre-market today after Jefferies upgraded the company to Buy from Hold and raised its price target to $16.00 from $12.00. The most challenging times for the company seem to be over, and they see a pathway back to a mid-teens revenue CAGR over the next 3-5 years. The underperformance of Snap in the past, according to...
If you haven`t sold SNAP here: or ahead of the previous earnings: Then analyzing the options chain and the chart patterns of SNAP prior to the earnings report this week, I would consider purchasing the 11usd strike price Calls with an expiration date of 2023-11-17, for a premium of approximately $0.60. If these options prove to be profitable prior to the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📦 NYSE:SNAP has been confined within a range for nearly a year , indicating a significant accumulation phase. 📈 For bullish momentum to prevail, a decisive break above the upper boundary at 14.0 is crucial. In such a scenario, the Markup phase would initiate, propelling...
Snap Inc (SNAP) has been on a strong rise since the September 26 Low. Technically since the October 21 2022 market bottom, the stock has been trading within a wide Rectangle pattern, with the majority of its price action observed within the (blue) High Volatility Zone consisting of the 0.236 - 0.618 Fibonacci range. The price is currently on the 0.236 Fib. Every...
Snap stock is rising Tuesday on reports the company has a deal to allow users to directly purchase Amazon (AMZN) products on Snapchat. The deal for Snap (SNAP) follows a similar agreement between Amazon and Facebook parent Meta (META). The agreement will allow Snap users to buy Amazon products they see advertised on Snapchat directly through the app. The...
Snap (SNAP) reported its third quarter earnings Tuesday after the bell, beating estimates of the top and bottom lines and suggesting that more growth for the social messaging company may be on the horizon. These earnings beats were a much-needed win. Snap, owner of Snapchat, has become representative of the malaise that can affect an advertising-dependent tech...
The company develops and maintains the image messaging and multimedia mobile app Snapchat, as well as develops and manufactures the wearable camera called Spectacles, a pair of smartglasses that connect to the user's Snapchat account and records videos in a circular video format adjustable in any orientation. On February 20, 2017, Snap Spectacles became available...
Despite the market consolidation, I agree that the SNAP sell-off was an overreaction. Big hands are attempting to shake off the Snap investors in order to move higher. Currently, large volumes are being bought as much as they can at below resistance, which is around 11.22, but if it breaks, we should expect 12.19 in no time. This is the time to start collecting...
Just broke out of the descending channel and may have found support on the WLB. Entry set on this level with another opportunity to add on the MLB. If level reaches here, I will look at some long dated options available that week. Big divergence on Snab RS + its trading above the EMA on the weekly and looks like it going to cross on the monthly as well.
SNAP had a mild top and bottom line beat with last week's earnings and the price fall. Given SNAP's mediocre social media interface, I think the earnings were decent but I suppose most traders felt otherwise looking for more. Technically on the 1H chart, price is sitting at support at the bottom of the fair value zone. PVT and the Gaussian Awesome...
Yes, I think that it is. On the 15-minute chart, the price action of the post-earnings drop is seen The earnings beat the analysts. Price has started a low momentum recovery. The dual time frame RSI shows the low/blue line RS rising above the high/black line. SNAP is in the deep oversold and undervalued territory in the area of the lowermost...
NYSE:SNAP After Earnings Play, Everybody knows the three day rule where you wait 3 days after a stock reports earnings. You can wait 3 days to begin a starter position in NYSE:SNAP , there is a lot of support at these price levels.
snapchat drops in after hours despite beating numbers. Investor call mentions they are focused on getting free cashflow positive even if it means slower growth.