Fb consolidating in this triangle waiting for the breakout and break of resistance 279.09. Break above and hold we can see a move to 290 next week. keep in mind we do have that gap down but bull momentum is strong here Im in $290 C exp 10/23
Just putting this out there... potential channel on SNAP... Either retest top of the channel and go parabolic, or lower high and double top for a trip to the bottom of the channel.
NYSE:SNAP has formed a double top from July levels. This stock could see some pullback with the growing popularity of NYSE:TWTR and other social media platforms like TikTok. I see downside of 24.79, which is a strong pivot point, heading into the earning's report and if EPS is a bust it could quickly move down to the neckline formed in August at 20.81.
Snap 4hr Chart I am shorting SNAP here and will start to get calls to long when it gets closer to my support zone at 22. I am playing this Handle down and will get calls on the breakout of the Handle to complete the cup and handle!
If you caught this movement when i posted you should be up big! 26 is my PT but wall street analyst upgraded pt to 28 so could we see more? Keep in mind we have a gap down at 24.70 so once we hit those new week highs expect a pull back!
Posted this chart earlier, if you held SNAP and we continue to this after hour surge we're gonna be up good tomorrow morning! SNAP up 1.98% AH
SNAP PT upgraded by Wall Street analyst to $28... waiting for breakout of this ascending triangle! also another stock to add shares for long term portfolio
I have a bullish bias on FB and believe we re-test ATH very shortly on some market strength and a rotation back into tech. FB provides some very interesting upside and downside opportunities above the ranges given. Below, there is a true gap to be filled if it falls below. Above, fibs are shown from different timeframes, thicker lines on larger timeframes, which...
Looking at SNAP it's been gaining some steam in the past months, Seeing more than 200% gains off the March lows. Not only that, but arch-rival FB has been in hot water all year and there's concern about their business being broken up to prevent monopolistic practices. Is this an opportunity for SNAP? Is this an opportunity for you? With that being said, a strange...
If TWTR does not crack resistance this morning and rips to 42. You could see a possible pullback to 40ish to set up for an inverted H&S. I don't really trade with this pattern often so this could be irrelevant. However, LONG TWTR
Nearby 20, 80 SMA's crossing area, if crossing we'll short sell to 18's area
Snap shares are up over 50% year-to-date and have tripled from the March low Any earnings disappointment could see shares return back towards the kind of price gains seen in benchmark and rivals Facebook / Twitter
Strong look here on a long-term trend. Target as high as 60 in the coming months.
TWTR was rejected yesterday on the 37.00 Resistance which was the June 8th High. The 1D chart remains bullish (RSI = 63.007, MACD = 0.470, ADX = 33.487), the MACD made a bullish cross and the MA50 is about to cross over the MA200 (Golden Cross). This is a very bullish mix for Twitter and we encourage investors to buy either if the Resistance breaks, or on the next...
Entry. $241 S/L $220 TP $261 12 months Consensus Price Target: $243.79 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
When we look at the daily, it seems very positive. It is clearing the buy point $215 will target the pivot $224. However, when we look at the monthly, price is rising but RSI is still below the last highs. Watch how it will close by the end of the month. If you find my charts useful, please leave me a "like" thx
After the stock market putting in a bottom and with the past month going online only while at home. See company and people spend more time on facebook. Risk Score: 7 out of 10 investment: monthly swing