$SNAP pumped big after earnings 2 weeks ago and proceeded to dump. previous post earnings dump bounce around $15.35. think it dumps this week. May 8th $16-15 Puts prob a quick winner edit: on chart I wrote 15.5 Put for May 8th- i was looking at $SLB please ignore
Hello! Friends, I expect that the end of correction, so be very careful if you are bullish on this one.
Since May 16 2020, the Market has been Bullish Go short - Target Price set to 15.80 - Very aggressive option. Less risky option is to wait for the signal to buy and to support the major trend. Fundamental Analysis: First Quarter Revenue was positive
✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Let's go family! Breakaway Scalper moves have worked well recently. We are currently looking for a long signal entry from Breakaway Scalper (Green bar color) if the uptrend from Fractal Trend can continue to stay strong and confirmed (Green background). --- STRATEGY USED:Momentum...
Snapchat had a strong pump to the $17 mark which was rejected, the market is indecisive and should follow with another pullback soon! There is some resistance (shown with the blue lines) I'm expecting a break within the next couple of days where we will revisit.. we should fall back into that lower channel! I have a 5/8 $15 buy puts, good luck!
Today, U.S. markets ended flat despite starting off the session on a positive note. Although the close was bearish, could there be a bullish case hidden? Let's see what we can find assessing ZM, SNAP, and SPY. Bull Market in the Cards? We begin today with possibly the strongest performing stock of the day, Zoom. As you can see, Zoom is obliterating its...
end of elliot wave in 15min candles. ready to retest the supprt which is fib 0.618 as well.
I am mostly short on snap, but playing both sides.
Keep an eye on the levels between 0.618 ($12.50) and 0.5 ($11.70), a break down with momentum of the $11.70 level might lead to the retest of lows or even look for lower lows. A break out with a good volume of the 0.786 ($13.70), can lead to the $15 levels and even a retest of the trendline.
we can be buying the Snapchat stock after the price cross strongly this history trend
Hidden bullish divergence on snap in which the RSI produces lower lows while price makes higher lows. Very nice buy opportunity even in these rough financial times.
#SNAPCHAT (#SNAP) 12-month price forecasts for Snap Inc have a median target of 20.00, with a high estimate of 25.00 and a low estimate of 10.00. The median estimate represents a +98.12% increase from the last price of 10.07.
SNAP IS A WILD ONE, LOOKING AT THE DAILY THERE IS A GAP NEEDS TO BE FILLED TO THE 0.886 FIB. BE CAREFUL YALL ITS A CRAZY MARKET RIGHT NOW!!!!
Looks like volume is picking up and #pinterest is going to make up the gap loss from November 1st. There was news that Pinterest passed Snapchat as number 3rd biggest Social Media App . I think it has the potential to go on a bullish run with my target being in the $30-35 range.
buy in levels for big profit...
Not really sure if Head and Shoulder or Cup and Handle. But likely to be a positive outlook for SNAP. Could make a small correction before going up. Although, may not get to $26 until second half of the year.