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...
Idea for Snapchat suggesting a break up through the circle, assuming the triangle formed just below the circle is acting as a flag A lot of broadening wedges, a cup lacking a handle and a big symmetrical triangle
Up or down still trading in range... as it dips I would buy. No analysis just what I see.
SNAP is bouncing around an ascending triangle in the daily, 4 hour, and 1 hour timeframes. There is a good amount of green volume on the daily, which makes me believe their is a good chance of a break out within the coming days/week. According to the resistance on VPVR, if SNAP can break around the 62.50-63.00, it could reach All Time Highs once again.
NYSE:SNAP Long above 64.28 w/ a price target of 66.94 & 69.42 Inverse Head & Shoulder Breakout Fall below 55.90, look to short for a gap fill
$SNAP 2HR.... Watching for price to reclaim uptrend channel and a possible reversal to retest ATH, could see a possible move to 65 and if volume is low we could see a sell off and back to previous lows, possible double bottom at 51.38 under that strong demand near 48.20... if we break that I'm seeing an overall move to my wave c target at 43. Now if we see higher...
Snapchat new price target : $68 When: Before March 2nd Growth: 9.7% Buy : YES Trade at your own risks
NYSE:SNAP has breakout today. Next resistance could be around 62-64. But it has earning report on 4th AH. So play if long on this. Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational purposes only. All advice is based on technical and my own opinion.
See old reports on this. The blue one (3) tends to the end in the higher-level picture. Be careful and take partial profits with you if needed. But the wave (5) should reach the +60 USD. Greeting from Hannover Stefan Bode
My buy zone and target for Snapchat. I think Snapchat is in sometype of bull flag or wedge. I believe it'll have another run up soon. (Not financial advice)
SNAP, weekly timeframe: Mirror level + Hammer + 4th week of holding + Nice discount
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...
There is a huge probability that the market will go up to touch the upper green line, Kind regards,
Been riding the wave. June 11th they announce new synergies as well as new products. Long term play 1~2 years potentially sooner.
I see a head and shoulders. Waiting on increasing volume confirmation. Not an adviser just what I see.