This will most likely be a short-term play. Descending Triangle formed after a 4-month rally. Resistance confirmed multiple times yesterday on the 5-min chart. We have two targets, set at a new potential support line. - 1-Month Downtrend - RSI and STOCH below 50 - MACD below Signal Suggested Entry $20.69 Suggested Stop Loss $21.25 Target price $19.61 +...
SNAP just bounced off a nice support line of $20.66 created a channel at $22.33, retested 20.66 and bounced off. That is a strong indication of a reversal back to the upside. I would like to see SNAP really pull away from the small bearish flag that could be developing. If that happens we can easily see $24.05 which is a resistance line. Once broken, we have...
Bouncing off support nicely...possible break through resistance at around 24-25 Stop loss : 20.5 (not financial advice)
we cashed out half our long position in SNAP and kept a half for a possible upside. i was going to close the remaining position but checking the chart - it seems i'll hold for now. here's why. - this week started bad for SNAP with a relatively big drop, the good news is, there was no follow thru from sellers and bulls took over the rest of the week with 4...
SNAP, weekly timeframe: Mirror level + Hammer + 4th week of holding + Nice discount
More downside to come for BTC in the short-term. Perhaps relative sideways. BTC remains below thick orange 200 SMA, and continue to be rejected by the green 50 SMA. 50/200 SMA deathcross registered not too long ago. Rejected by bearish Ichicloud that appears to still be thickening. For the bulls, will need to wait for: For price to first head back above...
Bullish w-like re-accumulation patterns.. PRISM Oscillators Analysis Stoch-of-pRSI in Oversold state atm Snap-Oscillator pierced into the positive and heading higher. AJ-ribbon (acceleration/jerk) heading up (in response to the positive Snap-osc), which in turn is pulling the momentum up.. Continuation from my previous analysis awhile back:
Twitter got dumped when Trump called them out and it just rebounded like a monster. Snapchat bears looking to take this down at the open but what they don't realize is that they criticized Trump after the close. Trump won't have time to criticize Snapchat after all the backlash that he got. Bears will get squeezed and take us to IPO open price and beyond. Inverse...
I'm not buying NYSE:SNAP . Waiting for the right Price at the right Time. Price Action : Support level ; 17.89(+/-1.5%) And key level : 13.43(+/-1.5%). Thank You!
chart will go down sell snap
Fundenmentals speak for themselves on this one. The CEO is a monster and the company is a machine. Buying any and everything I can get below 3,000. Good luck!
Hey everyone, If you enjoyed this analysis give it a thumbs up or comment your opinion below. With snap sitting below all major ema's and below the moving average in the Bollinger bands I'm expecting a drop to the down side to test the support. We can also see the BB starting to coil together which usually indicates a big move one way or the othe,r I'm hoping...
a big move is in the making... a SNAP video-TRADEidea
Snap shares are up over 50% year-to-date and have tripled from the March low Any earnings disappointment could see shares return back towards the kind of price gains seen in benchmark and rivals Facebook / Twitter
SNAPCHAT IS GOING DOWN.I suggest to get rid of all your position in snapchat you can check my ideas I'm 99% right about the stocks.If you need any help about any stock please contact me i will be glad to help.