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...
🌯 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...
Ready 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...
Rsi 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 $14
2023 should be a come back
with revenue | profit improving though in the negative area
bleeding has subsided
one quarter was positive in 2022 yet
price barely went up or down
it just hovered along $10 +-15 levels
Tiktok is around $200bn as bytedance valuation
this at $15bn needs a campaign to revive it's HYPE back in the day
i made the detailed explanation on chart. please be sure before long setup, price breaks the former high clearly with at least 3-4 bar in 4h chart.after this point easily we can built long setup.
In light of my market analysis, there appears to be a noticeable shift in dynamics between buyers (bulls) and sellers (bears). It is particularly noteworthy that bears were unable to establish a new bottom in the September-October period, while bulls successfully broke through resistance, propelling the price to $17.9.
Based on my current observation, I am...
NYSE:SNAP looks to have entered a Wyckoff Distribution pattern after the massive bull run. Insider selling plus big synthetic short position on the Jan 5 14.5 options points to NYSE:SNAP being out of gas. Starting a short position here towards the top of the trading range, will add if it breaks below 16.5 w/ volume. GLTA
Hey, #SNAP has currently formed a regular flat pattern on the 15 minute.
We do have confirmation of the flat structure but now we need to look for a good entry point to possibly ride the bullish move.
Look for lower degree bullish trend continuation setups and manage your risk!
Broken charts take time to heal and this one is showing signs of improving.
Pullback from 200EMA but at volume shelf. Still could go either way. Distribution here again would be catastrophic.
Tight PA here around 10 bodes well for 12.50. watch for flag on the daily for potential gap fill above.
No position yet, but on close watch
Snap Inc (SNAP) has been on an incredible rise since practically October 26, which was straight after the bottom on the Higher Lows trend-line of the 1-year Bullish Megaphone pattern. Technically that is the pattern's 4th bullish leg towards its top (Higher Highs trend-line). The price is very close to that level, which is also where the 1W MA100 (red trend-line)...
