Snapchat final chance Final Gap fill 2020 low Demand Consolidation Breakout incoming Dollar weakness Longby Master_Traders_MTA3
SNAP Options Ahead Of EarningsIf you haven sold SNAP here: Then analyzing the options chain of SNAP prior to the earnings report this week, I would consider purchasing the 10usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $2.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am interested to hear your thoughts on this strategy. Shortby TopgOptionsUpdated 444
LONG $LTCSimilar set up to NASDAQ:COIN where there is an inverse head and shoulders and a HVF forming on the right shoulder. The break of NYSE:SNAP HNVF will trigger the break of the neckline of the inverse head and shoulder while NASDAQ:COIN would not. Both are good set up given the inverse head and shoulders backing up the long bias and HVF set up. Longby andrerwyssUpdated 110
SNAP BreakoutBreakout above each downtrend trendline, Now breaking out with an uptrend channelLongby Scottlee741361
Another 200-500Same, same. Targets as shown. Stop double close below present range on daily.Longby gkm2
SNAP Bullish Swing TradeBroke above 3 Trrend lines Held support Twice Second support hold was entry for swing Target this week at least 11.50Longby Scottlee741360
$SNAP winding tight going into earnings.NYSE:SNAP is getting wound tight going into earnings. The current price is sitting just above swing low anchored VWAP. Price is also at a convergence of 20/50/200 SMAs. 04/28 Expiry IV is 119.20% with +/- 1.83, meaning the options are priced for a move as high as $12.60, or as low as $8. by OptionsJohnnyCharting3
SNAP longBreakout top of channel, retest of top of channel, swing trade to next resistanceLongby Scottlee741361
SNAP Bullish Swing TradeSnapChat broke above downward channel/wedge, after staircasing up from very bottom support of channel, Signaling Bullish trend for at least the next week. Resistance level is 50 cent move. AKA One strike price move into the money, Time Decay on "in the money" calls have less than 2$ a day riskLongby Scottlee741360
Bullish, 550% Possible Upside.On the daily chart we have a lot of bullish potential. First we have a messy looking inverted head and shoulder pattern. The right shoulder looks like a possible Symmetrical Triangle that just completed its 5th touch and could be ready to blast off. Also, there is a Golden Cross that happened yesterday. There are also 3 gaps to fill. First Gap at $15.50, Second Gap at $21.70 Third Gap at $70.00 And finally we have broken out of the year and a half long Trend line bullishly, and even backtested it. If this can break $16.00 that could be a strong signal that this thing is going to fly! -Not Trading or Financial Advice-Longby UnknownUnicorn368963804
H&S ver2NYSE:SNAP This is a good entry point. SL 8usd, TP 21usd (gap close). Huge Risk/Reward ratio. Moreover we have good recover on online advertising in 2023.Longby Dompero112
All set to hit 16 by May?Looks like its geared towards 16 in next 4-5 weeks. Could this happen? It could be. Enjoy the ride.Longby babu_trader1
Really like the way SNAP is looking right now $SNAPNYSE:SNAP Snap is going to be one to keep an eye on here moving forward. if it can holder these levels I would look for a lot of upside potentialLongby MindsetTrad3r1
above horizontal areaif stock closing above horizontal area on weekly basis looking good. indicator showing positive momentumby waqas.mu091
SNAP: What's Bad for TikTok is Good for SnapchatAfter the TikTok appearance in Congress I do not think the current administration will have the political capital to do anything but ban TikTok. The proposed deal to have TikTok sold from it's Chinese owner seems unlikely after Beijing declined it and also after the CEO got grilled in Congress and did not offer any answers to ease politicians concern the the CCP can manipulate the content on the app. I expect TikTok to be banned in the US. Snapchat stock has been consolidating around the $10 level for almost a year now. I think a TikTok ban will benefit SNAP big time and be the tailwind it needs to break out.Longby inanis_7
Large momentum shifting structure for SNAPSNAP is showing one of those large, curving momentum shifting structures. I'm not 100% sure the strategy to trade something like this but for people looking for buy and hold for a little while, this could be something to consider.Longby wuliwong2
SNAP Stock Chart Fibonacci Analysis 0314231) Find a FIBO Slingshot 2) Check FIBO 61.80% level 3) Entry Point > 10.74 /61.80%by fibonacci61800
SNAP SELLHello . There is a possibility that Snapchat shares will drop. Once the price reached a strong resistance 12.25. The market bounced last time. And a very negative candle in the four-hour frame: Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank youShortby inv_market09Updated 9
Short SNAP | All time low $4.82 SNAP should change it's name back to Snapchat so investors know what it is, because right now, all it has done so far is snap the bulls necks. Snap is already down 87% from it's ATH and now looks ready to test its ATL after the past week's hard rejection at $12.67.Shortby N_I_G1
Snap Tried to Rally But it Didn’t Last LongSnap has been rallying as lawmakers move against TikTok, but traders may be selling the news. Today we’ll consider the daily chart of the social-media company, which has struggled since growth names hit the wall over a year ago. The first pattern is the jump above $12.50 on Tuesday, fueled by the news from Capitol Hill. SNAP failed to hold those gains, resulting in false breakout above the February high. Next is the 200-day simple moving average (SMA). Prices remained below this long-term trend indicator during the entire decline that began in October 2021. This week’s rally was its first test of the 200-day SMA, which may trigger some alerts for trend followers. Third, the stock gapped lower following its last two quarterly reports. Finally, stochastics may be peaking near overbought territory. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation7
SNAP daily, it's showtime!SNAP has had a nice pullback after earnings, and now it is low basing on the 50-day MA and at the 0.618 FIB retracement and $10 even dollar amount, which acts as a magnet line. It is unbelievable how these areas of support or resistance are valid if we draw or mark them correctly. SNAP will have to decide if this is a bull pullback or if, after a low base breakdown, we will see new lows. Volume is falling with consolidation, which is a good sign for the possibility of a bull pullback. The price is below all major MA, which is bearish. RSI has cooled down after an extreme and is now neutral. MACD is ticking lower while both the MACD line and signal line are at the zero areas, or the "to be or not to be" area. If it drops below the zero line, then we can't watch for a bull pullback anymore. Overall: SNAP is in a dangerous area for bulls. It is low basing at a major support line. If it breaks down from the low base formation and breaks below the blue dotted line, a short position would be triggered. The first area of support after that breaking low base would be the trend line, the blue dotted line, and if that would not hold, support would be the lows from 2022, the blue area of support. However, if SNAP finds its buyers and we start to move up on strong volume, this would be the perfect area for a bull pullback to be triggered. But remember, a bull pullback can only be triggered if it does not drop below the 0.618 FIB retracement area, meaning the price cannot drop more for us to call this a bull pullback.by Consistent_TradesUpdated 5
I can't buy this stock, even though it would be quite interesting after a 90 percent drop. A set of rules is a set of rules, even if the picture is technically frenetic. However, the results calculated by Optistock and Gurufocus sites are weak. The currently monitored return on investment (ROE) is also disgraceful, even though the only expectation here is that it should show a plus figure, for which I see -45.8%.Longby extremeportfoliocreator1