Snap
SNAP - 60m Works With Forks tooHere we have SNAP, respecting the U-MLH and reached the Centerline perfectly bevor bouncing up.
This 60min. bar is not over now, but we already can see how price of SNAP reacting at the centerline, the place where price is going in over 80% of time.
From here, price could zoom through the CL. or bounce back to it, just to turn and go north.
Observing...
$ENDV Excellent Breakout Pattern ConfirmedBreakout past the 50DMA was a key point today. PARSAR flip Bolli and Ichimoku Cloud break. This move is mostly due to immense fundamentals at work and not an actual technical push, which is the best part, if you remember $OWCP this is similar in terms of fundamentals, but with much more potential and in term a much higher ROI. One of my 3 long term holds as of today.
1. Application for Orphan Drug Status Push 2. Preclinical Studies 3. Application for Uplistment 4. Debt being bought by the company and a interested major investor 5. Insider buying through multiple Form 4s 6. Multiple Patents for their Medical Technology
SNAP: Dont Follow the HypeYou dont have to be a genius to know there are better places to put your money. Investing in SNAP without any knowledge is simply gambling. We have the casino for that. Technical already pointing to the downside and the first move up was from the hype around SNAP. But looking at how profitable SNAP is, it isnt. A company can be good, but that doesn't mean the stock will be good. This is a simple 5 wave structure for the stock based on the IPO of $17 being future support. The support will bring price up to around $24, previous support now new resistance. From there we might see price go a little higher to attract late buyers. Then we will see this stock falls to new low.
Snap Inc will be rising soon.This is a good time to buy Snap stock.
Why?
True, analysts has valued snap stocks ~$17. It was down yesterday and today it's rising.
I hope that's due to the market condition but not because of the Company.
The big point is they make themselves as a Camera company.
"Spectacles" is "Google Glass" done right. So, they'll make is much better and soon they'll announce more hardware products.
With all those announcements the stock will start to rise again rapidly.
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They target for teens and they do it correctly. That's the next generation of buying force.
I personally think, they'll make the sales great.
$ICLD Massive Breakout Confirmation on the 30MinWhat a freaking beast this has been!!! From .01 and she ain't stopping until $1.00 Just like all our other calls $OWCP, $IFAN, $BMXC, $NEWC, $ABHI, $USRM we've called in the past this one is going to be massive, it's on the same level as $OWCP in potential honestly. Riding the bollis breaking out the techs and dropping massive PRs on upcoming pipeline projects. In it to win it.
Snapchat IPO: Day 2Since this was a high volatility event, I actually drew the following analysis on a one minute chart, but Tradingview won't let me post the idea unless it is on a 15 minute chart or greater, so please excuse the coarseness.
First, regarding the Fibonacci levels, the most important thing you can do is anchor them properly, which is as much an art as a science. I've chosen the open, and first relative high as the anchor points. The first relative high is the point at which the price first pauses, and the 'sickle' shape starts to form.
Notice how I set my 50% fibonacci level at this point, instead of the 100%. This is because the sickle pattern is in the process of forming and we don't yet have hindsight as to where the apex is. If we *assume* the 50% level is at the first retracement in the pattern, it is usually pretty accurate in predicting where the apex will be: at 0.618, or 0.786.
Next, take a look at the indicators. Red = short term momentum, purple = medium term momentum, and blue = longest term momentum, to sum it up in a very crude way.
It's interesting to note that short term momentum actually arced down, indicating there was a lot of selling. This confirms what I had thought, that the insiders were selling off and taking profits from their buy at $17, for a 41% profit. Not bad for a couple hour's worth of work.
The interplay between short term momentum and long term momentum (purple and blue, respectively) give you a feel for retracements. That is, when the purple dips, but blue is still strong, the trend is still in place, but the pressure has let up. Notice how blue still remains high, despite purple dropping toward the end of the graph? This tells me that overall, buying pressure picked up throughout the day as we noticed as those 200million shares almost got entirely gobbled up. But the fact that price diverged from long term momentum toward the end of the day leads me to suspect a rally today, even perhaps a gap.
30 Min $ICLD Chart Going into next week expecting massive volumeVolume before action so they say, and it is very apparent by $ICLD's techs that this thing is more than ready to do damage to a long ago bearish chart. All techs are bullish or becoming bullish. Breaking above the cloud establishing support about the bollis and flipping the PARSAR in addition to the MACD crossover we have a winner here folks. Price Target for 1-2 weeks .10










