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WATCHING $SNAP - Key Levels and Analysis - UpdateWATCHING $SNAP - Key Levels and Analysis Snap has some pretty strong downward momentum… I would not be surprised to see 40… In fact… that might be a good place to sell some puts… Thinking about it… maybe tomorrow. —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your due diligence. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. Have fun, y’all!!
NYSE:SNAPShort
by SPYder_QQQueen_Trading
6
$SNAP Snap stock plunged Friday after the social-networking firm posted disappointing revenue growth and guidance that fell shy of estimates on Thursday. The parent of Snapchat said its advertising revenue was hurt more than expected by Apple ‘s change in the rules surrounding advertising on mobile apps.  The miss weighed heavy on shares of other major social-media companies. Snap (ticker: SNAP) stock was down 25% in Friday trading. Facebook (FB) was down 6% on the news, while Twitter (TWTR) was off 5%, Pinterest (PINS) had fallen 4.4%, and Alphabet (GOOGL) had slipped 3.4%. Snap is the first of the companies to report September quarter results. For the third quarter, Snap posted revenue of $1.067 billion, up 57% from a year ago, and below the company’s guidance range of $1.07 billion to $1.085 billion. Adjusted Ebitda, or earnings before interest, taxes, depreciation, and amortization, was $174 million, well above its guidance range of $110 million to $120 million. On a non-GAAP basis, the company earned 17 cents a share in the quarter, beating the Street consensus of 8 cents a share. The company said it grew daily average users in the quarter by more than 20% to 306 million.
NYSE:SNAPLong
by TheBlankFund
SNAP: Post-Earnings Analysis!Hello traders and investors! Let’s see how SNAP is doing today! SNAP is dropping more than 25% the moment I write this analysis, and it seems nothing can save it. However, even in the most stressful moments, we can use technical analysis to understand the situation. Not by coincidence, SNAP dropped to the $ 57 area, which was a previous support on July this year. This is good, because SNAP didn’t drop to a random point, but the problem is that we don’t see any reaction. There’s not a single bullish structure around, and this is the first thing required in order for it to reverse. We don’t see any bullish chart pattern in the 1h chart, and it is too soon to talk about candlestick patterns in the daily chart. If we see a bullish reaction, it could be amazing, as the risk/reward ratio is looking good for those who are out of SNAP and want to buy it at the cheapest price possible. However, there’s no way we can buy without confirmation. As Livermore would say: “Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader.” As far as we know, it could drop all the way to $ 49.90 again, and that would be great. Nevertheless, as someone who’s out of SNAP, I see this as a possible buy. Do you think a drop of 25% is fair, or the market overreacted? Either way, I don’t think this is a sell. The risk/reward ratio makes no sense. If I were shorting it, I would probably buy it back today, and take advantage of this movement. Before you leave, remember to support this idea if you liked it, and follow me to keep in touch with my daily studies. Have a good weekend!
NYSE:SNAP
by Nathan_The_Finance_Hydra
10
Post 10/21Q3 FY21' Earnings Analysis$AAL, $LUV, $BCS, $BX, $CMG, $INTC, $SAP, $SNAP, $T, $VLO $AAL - American Airlines - posted better-than-expected revenue numbers, although down (25%) from Q3 of 2019 - shares were up +1.3% at the ended of the day, with this being their smallest quarterly loss since the pandemic $BX - Blackstone - earnings nearly doubled YoY - reported an ATH of distributable earnings, success that’s largely driven by their focus on investing in high-growth areas of the economy $T - AT&T - fell slightly after posting big subscriber gains -investors questioning the impact of promotions on the company’s future growth $CMG - Chipotle Mexican Grill - reported better-than-expected EPS and revenue numbers - including a sales jump of 22% citing higher menu prices as a reason for the offset of rising costs $SNAP - Snapchat - Snap fell (22%) after Q3 revenue missed estimates - thanks to its advertising business being disrupted by Apple privacy changes introduced earlier this year
SP:SPX
by jnallain1
WATCHING $SNAP for 67.55 - Key Levels and AnalysisWATCHING $SNAP for 67.55 - Key Levels and Analysis Massive divergences on the larger timeframes. This will likely make it’s way toward 67.55 and at that point I’ll probably be looking to start a small position and add if it goes lower… —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your due diligence. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. Have fun, y’all!!
NYSE:SNAPShort
by SPYder_QQQueen_Trading
2
WATCHING $SNAP for entry at 67.59 - Analysis & Key LevelsWATCHING $SNAP for entry at 67.59 - Analysis & Key Levels This really is a target where to re-evaluate… There is a short support just under where we are now, and I’m watching but I feel like it will go lower than that... and snap has a history of being caught a little bit above the 180EMA Red = Resistance Green = Support Blue = trend lines 180 EMA = Purple I am not your financial advisor. Anything can happen… I’m just posting what I see… but the risk is on you if you decide to trade the setup with me. I certainly don’t win them all so be mindful of your position sizes and do your due diligence. I’m happy to answer questions to the best of my ability.
NYSE:SNAP
by SPYder_QQQueen_Trading
$SNAP Blue Sky BreakoutShould be an exciting week for Snapchat with blue sky breakout and ATHs last Friday. 100 PT magnet. I think it gets there, just a matter of when. I'm long 10/15 85C letting these profits run. Highly recommend the book by Nicolas Darvas who made $2M trading stocks just by buying box breakout stocks or "Darvas Box Strategy". We may see a retest of the box ($83 zone) before a further move up, if you're bullish and not yet long, it may be a good idea to enter at the retest (if we get one).
NYSE:SNAPLong
by FriscoTrades
$SNAP | WEEKLY WATCHLIST 9/27Absolutely TEXTBOOK example of how powerful my charts can be. Entered long the 80c 11/19 @4.7 on 9/22. Contracts are currently worth 9+!! Congrats if you played and please be sure to trim. Although a monster move already, I see more to come. Possible we slow down and consolidate in this $80-84 region to build a base and explode higher to the $90 region. If we get a larger pull, I will take profits on my remaining position and look to re-enter in the future. Ultimately looking for $100 target by the end of the year!
NYSE:SNAPLong
by StonksSociety