Snapchat ST (Feb 4th 2021)Snapchat (SNAP) (February 4th 2021 through March 2021)
Low: $59
High: $76
2020 Q4 reports announced after market close today.
My basic speculations/expectations are as follows:
Positive year-ahead guidance.
I estimate EPS could land in the +$0.05 to $0.10 range, or at the very least out perform the -$0.07 analyst expectations.
Trading may close positive both today and tomorrow if today's report is announced positive.
Just keeping this chart simple and seeing if the next notch on my fibonacci setup can be achieved. Could be wrong.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
