The Famous IPO Cycle. $UBER $LYFT $FB $SNAP The Famous IPO Cycle. $UBER $LYFT $FB $SNAP $UBER In 2018, Dara Khosrowshahi's first full year as Uber's CEO, the company narrowed losses and continued to grow revenue, though at a slower pace than in the previous year. According to the private company's self-reported financials, full-year revenue for 2018 was $11.3...
Technnical analysis showing the path that SNAP might take in the next month or so
Clean and nice setup here. Easy money with a good risk reward
SNAP was the highest volume stock today. Strong uptrend for the last few weeks. I'll be watching tomorrow for a continuation.
Snap Gapped down this morning on strong ADX and D+, so i will buy the reverse over 11.50 , that will be sign of continued strenght for the stock, and a nice way to join the trend. Look at AAPL, did the same thing last week. Buy stop in place at 11.51
If the price crosses the trend line, the price will fall to USD 9.5$
Good evening everyone, Snapchat is being a very active stock last week and now we see why, Price went straight from 20 usd level straight to 5.00 losing 75% of its value in 10 months, now its recovering and people may rush buying it expecting new highs. Wait! As we can see 12.0 level was a previous support zone, as demarcated by green arrows and now rsi is...
I Found this Selling opportunity on Snap inside the supply zone consider to take short . We see more people stop using snap chat and market start rallying we can see this a good shorting opportunity.
SNAP has thoroughly rekt millenials for a couple years now and finally reached a price where buyers were willing to accumulate down in the $5-$7 range. A lot of people are now convinced that snapchat is dead, but may end up being surprised. Breaking this angle would have me targetting the volume core of 13-14, with a second target in the $15 range. Beyond that...
Following a simple falling wedge pattern. This is the first time snap has experienced this strong of growth. Never before has price been above the green cloud. Every person in 25 and younger uses this app. dont listen to critcal bears. Has already broken resistance. People will start believing when they continue increasing revenues at a lower cost and paying debts.
I believe the market after hit the trend line comes to 7 and then we#re going for 16 let's see
Using a trend based extension, this chart looks at the upward velocity snap has shown around since last ER. The push that sent it past $10 was an analyst upgrade. It seemed to me that they weren't really pushing the advertising platform. The recent announcements about entering the gaming space made sense as they are going to pursue that to bring in the revenue.
NYSE:SNAP Hammer on the 1H chart. SNAP is currently at the Gap's support level. Let's see if we get a reversal
After a sharp rise of about 12% the RSI has become highly overbought. Fundamentals for this company don't look to good with massive losses. Based on this I would say this stock is far from a fair value. It looks like snapchat started to tumble over. For now I'm eyeing at 7 usd as a target. Depending on what the general stockmarket is doing we can expect it to...
Snapchat has ran +141% in 12 weeks. The company has no profits, no user growth and massive debt. They are currently trading at 12x Revenue, for comparison FB is 8x Revenue, Twitter is 8x revenue and both of those companies are profitable and have user growth, SNAP doesn't. This rejection has already begun and got demolished at the trend line from the all-time...
Looking at SNAP I can see that there is bearish divergence pretty much on every time frame.We are in a rising wedge and We have also just tested the 200 MA . There is not enough juice left in this bitch to break the 200 ma so that is my reason to short it down . Targets posted