$SNAP Covered Puts ideaNYSE:SNAP always falls after earnings only to recover! we see bullish divergence on the RSI and a HUGE gap to fill overhead. Looking to play the bounce here with selling the $10/$11 puts. Longby Mustangsvt281Updated 0
SNAP could make a sharp bounce. Spiking out the low of a parabolic rally is a very common occurrence in this type of pattern. It's a big panic point when all gains have been lost even if in very early to the rally. Often we see ultimate lows in these areas (Commonly off slow ranges) and even with things going much lower we see aggressive bounces. Here's an example. This is the same concept used for the ARKK forecast. Longby holeyprofitUpdated 2
$SNAP Uptrend Still Intact - Can It Breakout of Consolidation?It looks like this has bottomed. Very similar look to many other growth names but hasn't really caught much of a bid yet. With news of the TikTok ban, this could see some tailwinds finally. It's been consolidating sideways in the orange channel for some time. If it can get above the turquoise downtrend channel from ATH around 15 or so, I think it could breakout much higher. Target 1: 15 Target 2: 19.30 Target 3: 25Longby youngbosnia4
Oh Snap! Its done.Snap could continue its losing streak. Possibly it could go bankrupt as I have seen fractals like this with companies that end up going BK. Note that this is pure technical analysis and I have not taking into account what the financials are or DAU. This is not a financial advice and please do your DDShortby BlackisKingUpdated 0
SNAP Stock Exhibits Classic Head and Shoulders Pattern on 1-WeekIn a revealing development for traders, SNAP stock has formed a distinct head and shoulders pattern over a 1-week timeframe. This classic chart formation, often indicative of a potential trend reversal, suggests that investors should brace for possible changes in the stock’s trajectory. With the pattern now complete, market watchers will be closely monitoring SNAP’s next moves.Longby A-Alsaedi2
LET'S TALK ON SNAPHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. LET'S TALK ON SNAP 📚 👉 As we can see bulls took over from a long-term perspective specially after breaking above our major swing high marked on Daily time frame, Moreover, price is approaching our zone again lining up with a massive support zone, where we will be looking for new longs as well. 👉Meanwhile, for the bulls to take over, we need a break above the marked major swing high, then a movement higher would be expected. Until that happens, price can still trade lower to be diving inside our support zone. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Longby Hadi_karaali2211
SNAP bottom of trendsnap always dump on earnings then slowly go up and make new high. buying nowLongby space_bear2
snap bullishsnap is bullish after braking up the trend line my targets are (16.54, 23.31 & 27.90).Longby TALALCHICOUpdated 6
SNAP 160 % or more upside expectedWe expect SNAP to drop 15 % more from current prices. -It will be a good entry for long as it will correspond with a low from March 2020. -Target show in the chart. We expect the gap to get filled. -Stop loss shown in the chart. Snapchat is undervalued at those levels. Good buy also for a long-term hold.Longby vf_investmentUpdated 4431
SNAP Options Ahead of Earnings If you haven`t sold SNAP here: nor bought the dip before the previous earnings: Then analyzing the options chain and the chart patterns of SNAP prior to the earnings report this week, I would consider purchasing the 15usd strike price Puts with an expiration date of 2025-1-17, for a premium of approximately $2.62. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Shortby TopgOptionsUpdated 5
SNAP:NYSE (W1) Is it possible to increase the price to 50 or notNYSE:SNAP SNAP:NYSE (W1) Is it possible to increase the price to 50 or not Is this scenario plausible? Kindly share your comments.Longby VNSmartMoneyUpdated 334
The Bullish Case for Snap Inc. (SNAP)NYSE:SNAP has earnings today and a GAP to fill from May 2023. Additionally, SNAPs price action has built a minor consolidation channel the past 2 months. Will we see some strong movement to the upside??? The Longterm Bullish Case for Snap Inc. ( NYSE:SNAP ) Despite facing strong competition from other social media giants, Snapchat has managed to maintain a loyal user base and continues to innovate its platform to attract new users. Here are some key points that support a bullish thesis for SNAP: Snapchat has a large and growing user base, with over 347 million daily active users as of Q3 2023. The platform's unique features, such as disappearing messages and AR filters, have helped it maintain a strong presence among younger demographics. Improved monetization: In recent years, Snap has made significant strides in improving its advertising offerings and revenue generation. The company's focus on augmented reality (AR) and camera-based advertising has helped it stand out in the crowded social media advertising space. Expanding revenue streams: Snap has been diversifying its revenue streams through the introduction of new features and services, such as Snap Originals, Snap Games, and the Spectacles AR glasses. These initiatives have the potential to drive significant growth in the future. Strong financials: Snap's financial performance has been improving, with the company reporting positive net income for the first time in Q3 2023. The company's revenue has also been growing steadily, driven by its expanding user base and improved monetization efforts. Attractive valuation: Despite its strong growth potential, Snap's stock is currently trading at a relatively low valuation compared to its peers. This presents an attractive opportunity for investors looking to capitalize on the company's growth prospects. Longby EgideSimbaUpdated 443
SNAP crashes to a MAJOR support: $11.72 a Do or Die levelSNAP crashes to a MAJOR support: Do or Die level. $11.7x is a confluence of two major golden fibs. There is no stronger level than it, anywhere near.by EuroMotif4
Snap Inc. Faces Uphill Battle as Ad Sales Trail RivalsCompetition for advertising dollars is fierce. However, recent reports show that Snap Inc., (NYSE: NYSE:SNAP ) the parent company of Snapchat, is struggling to keep pace with industry giants Meta and Alphabet, raising concerns among investors and analysts alike. The Snap Slump: A 31% Plunge in Stock Value - Snap Inc. shares tumble 31% as fourth-quarter revenue falls short of Wall Street expectations. - Intense competition from Meta and Alphabet leaves Snap lagging behind in the advertising race. - Investors face a significant loss in market value, highlighting concerns over Snap's performance. Snap's Battle Against Industry Heavyweights - Snap's (NYSE: NYSE:SNAP ) advertising revenue fails to match the robust performance of competitors like Meta and Alphabet. - Advertisers appear to favor larger, more stable platforms amidst economic uncertainty. - The struggle to attract advertisers raises questions about Snap's long-term sustainability in the market. Assessing Snap's Position - Analysts express disappointment over Snap's inability to keep up with big tech titans. - Snap's (NYSE: NYSE:SNAP ) fourth-quarter revenue misses estimates, signaling underlying challenges in its ad business. - Layoffs signal cost-cutting measures, but fail to reassure investors about Snap's growth prospects. Valuation Disparity - Snap's (NYSE: NYSE:SNAP ) shares trade at a significantly higher forward PE ratio compared to social media rivals Meta and Pinterest. - The valuation gap reflects investor skepticism about Snap's (NYSE: NYSE:SNAP ) ability to rebound from the ad slump. - Concerns grow as fewer investors remain optimistic about Snap's future trajectory. The Road Ahead - Snap (NYSE: NYSE:SNAP ) faces the daunting task of regaining investor trust and rebuilding its ad business. - Strategic initiatives are needed to differentiate Snap (NYSE: NYSE:SNAP ) from its larger competitors and attract advertisers. - Transparency and decisive action will be key in restoring confidence and demonstrating long-term viability. Conclusion Snap Inc.'s (NYSE: NYSE:SNAP ) recent struggles underscore the intense competition and challenges inherent in the social media and tech industry. As the company navigates turbulent waters, its ability to innovate, adapt, and regain investor confidence will ultimately determine its fate in an increasingly crowded marketplace dominated by industry giants.by DEXWireNews2
SNAP @ $17.45The problem is the best time to buy was yesterday before the market close, Eventhough this is the case we can still highlist this one as a good stock push. Because: #1 Look at the MACD #2 The fast line has crossed the slow line #3 The cross between the fast line and slow line has happened below the 0 line to above the zero line on the histogram chart Before you buy you should notice the positioning of the fast MACD line and the slow MACD line after that place a trade that is in the trend that you are following. To know more about trend analysis learn the rocket booster strategy. Rocket boost this content to learn more Disclaimer:This is not financial advice do not buy or sell anything i recommend to you.DO you own research before you trade. by lubosi1
$SNAP Bull Flag Continuation (Volume Analysis)The current volume analysis on NYSE:SNAP is indicating possible bullish continuation. The pole on this bull flag saw increased demand as price continued higher, followed by falling supply as price consolidated within the flag. The bullish breakout would have to equal minimum 1/2 of the previous flag pole. A 100% extension could also result. Bearish scenario is a breakdown below and negation of the bullish flag. Bearish stops should be placed below the previous low and bearish breakdown of the flag. Longby FreeWyckoffsUpdated 2
Earnings Expectation for 2/6 $CMG $SNAP $ ENPH $AMGN🌯 Chipotle Mexican Grill ( NYSE:CMG ) The gourmet burrito king is expected to report a substantial EPS of 9.75 and revenue of 2.48B. With a record of beating expectations, all eyes will be on whether NYSE:CMG can maintain its zest amidst rising costs. 👻 Snap Inc. ( NYSE:SNAP ) Snap's earnings are always a snapshot of the social media landscape. Forecasts suggest an EPS of 0.06 and revenue of 1.37B. With a mixed market sentiment, will NYSE:SNAP surprise us with its performance? ☀️ Enphase Energy ( NASDAQ:ENPH ) As a beacon in the solar sector, NASDAQ:ENPH has a forecast EPS of 0.55 and revenue of 328.24M. Will their innovative energy solutions continue to brighten their financials? 💊 Amgen ( NASDAQ:AMGN ) This biotech giant is on the radar with an impressive EPS expectation of 4.60 and revenue of 8.12B. Having a strong track record, the question is: can NASDAQ:AMGN continue to deliver healthy results? Remember, while earnings can excite the market, it's the guidance and forward-looking statements that often hold the real juice. Stay informed and invest wisely!02:40by WallSt0070
The Unstoppable Rise of Snapchat #BullishReady to ride the SNAP wave? NYSE:SNAP NYSE:SNAP broke through the $14 resistance level, and we're now targeting the next major price level at $26. One of the main drivers of Snapchat's bullish momentum is its impressive user growth. The platform has managed to engage a vast audience, particularly among the 13-34 age group, which is highly sought after by advertisers. This has led to a surge in revenue, with Snapchat's advertising business thriving as more brands seek to tap into this lucrative market. Snapchat's unique approach to social media, with its focus on ephemeral content and augmented reality filters, has set it apart from its competitors. This differentiation has allowed the company to carve out a niche for itself and attract a loyal user base that is highly engaged with the platform. Furthermore, Snapchat's recent expansion into new areas, such as gaming and original content, has demonstrated the company's ability to adapt and evolve in an ever-changing digital landscape. This willingness to explore new avenues of growth is a testament to the company's forward-thinking mindset and bodes well for its future prospects. The bullish momentum for Snapchat is driven by a combination of factors, including impressive user growth, innovative features, and a strategic focus on key demographics. As the company continues to expand and evolve, it is well-positioned to capitalize on the growing demand for engaging social media platforms and solidify its position as a leader in the industry. Future looks bright for SNAP Chat. Bullish!Longby EgideSimbaUpdated 224
Downward action in playRsi crossed rsi ma on weekly chart, also 3 week rsi starting to curve down to rsi ma. price went into overbought territory on weekly. Looks like it's headed to retest $14Shortby Tradezy67220
SnapNYSE:SNAP it just made wave 3 now is trying to make wave 4 it should be short but time will tellShortby Alibaba5151332
Bearish Wedge PatternBearish wedge pattern bearish divergence Engulfing red candle Shortby OnenessTrader1
Snap Next PopLooks like snap on the verge of another wave, heading for next fib level.Longby Monster3091111