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To anyone who bought the $SNAP ICO and watched their holdings slowly grind down 80%, your pain may soon be over. Will be buying the breakout here.
My favorite trading indicator and the simplest I have seen having great accuracy with every cross
Buy: Blue line crosses above Green line
Sell: When Heikin Ashi turns red after the buy signal
This is my first post so keep in mind I am new!
indicators showing positive divergence on the daily chart which suggests a bounce is coming soon. Want to learn more about the markets? Join my slack chatroom a place to share and collaborate ideas https://goo.gl/hBqbwZ
Go short as it rejects the cloud
6.48 touch down lets see if it holds to complete the next leg up to 9$!
SNAP, one of those company doing new things, that kind of things we have no idea how they do it, but it looks funny to share a goofy pic with your friends. But the question is, how do they make money in the short and long-term? The truth is, you can't expect to make a profit just because of the number of users if they don't pay for. Even more, if they're mainly ...
I'm not using snap. Do you?
Buy 4.414 FIBs
I would even put orders lower than 4.414.
$SNAP Snap Inc chart showing no signs of strength with heavy selling over the last month. We saw a large bearish options bet hit today, with $10M worth of April'19 deep in-the-money puts traded. With earnings coming up next week, this could be a sign of more disappointing results upcoming.
Monitor for a break down through $6.50 support level to fresh lows. ...
Lets see if that 6.48 mark was the bottom prior to consolidation and follow through to 9$
Its looking like we've neared rock bottom here. Bullish cloud test, tk cross, AND a bull pennant. seems like we can only go up. I'm long on snap. Just bought a few shares to hold on to for 2-3 years for fun. It should be interesting to see how they develop and compete with FB
Summery: Long uptrend
Resistance : 7.46 - 8.68 - 9.5
Targets: 7.44 - 9.45 - 11 - 12.5
Share reached lowest at 5.77 and new money flow started to get in we can see MFI and stochastic positive movements
Hammer - Bullish
1. The real body is at the upper end of the trading range. The color of the real body is not important.
2. It has a long lower shadow that should be at least twice the height of the real body.
3. It should have no, or a very short upper shadow.
--> Long Opportunity.
A silly bet I made with my friend turned into an extremely profitable venture with SNAP down every week since July. Looking to buy more and continue to hold put options with $5 strike expiring Jan 2019. As long as there is no trend change on the weekly Ashi candles, I will continue to hold this to expiration.
Snapchat forming inverted head and shoulders with a primary target around 9. Super coiled up near neckline, should go soon.
Imagine not buying the SNAP capitulation....
snap crackle pop. ride the lightning is over.... 5.50s ez x 3.5
If Pandora was a good candidate for a buyout then SNAP surely can be scooped by the big dogs in the Tech space . Selling a Dec21 6 put for .60 Tasty stats POP 57% P50 70% theta .48 Willing to take the shares at this price and sell calls against especially with current IVR at 91%