Good day on today's stock pick we had a re-enter on NYSE:SNAP . We believe the company is currently undervalued and despite it's terrible earnings report, we still believe the company has a long term value and in worst case scenario to be bought over by NASDAQ:META with the attempt to expand their monopoly on the App space. Position: - Entry 1: $10.73 - Entry...
Snap has been getting killed since Sept. '21, if you believe in this stock long term, the buy area is $5-$8 is a great area build from!
We 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.
#Snap/USD Technical GAP Chart Analysis:- $SNAP currently trading around $10 which is -38% Down in past 24 hours. It’s very Big Dump in stock Market. And $SNAP already -88% down from Recent All time High within 10 Months. It’s also Bear Market for $SNAP Chat. As Per GAP Chart Majorities all GAP has been Full filled but 3 GAP still pending. 2 GAPs are Upper side...
SNAP long downside is to 8 bucks upside is to 20 We have some bull div building It's unlikely to go much lower than 8 First upside target is 20 I don't think 50 is impossible GRI 2022 NOT TARDING ADVICE
Following the chart, I see a head and shoulders plus descending scallop confluence roughly around the same price levels.
Looking at the options chain today, i would buy the $15 calls with 2022-11-18 expiration date for about $2.55 premium. Looking forward to read your opinion about it.
Referring the left side chart only This is an hourly chart of SNAP backtested using my Script: " Relative Volume Strategy " From backtested trades, we got stopped out two times in a row in this 70-75 price range. Still, this proves to be a significant price area. The win-rate with the default settings is approx. 35%. Odds of winning next time should be in our...
snapchat is a closer to his perfect buy zone today snap react well to 9.5$ and seems to be a gerat support another strong support is the 8$ , if 9.5 broken all zone 9.8$--->8$ seem to be the best zone to buy snapchat for the hesitate one wait to the 5$ support but at this time not sur to reach that level
Had to go down to low tfs but if u look left we clearly in a buy zone More down before up tho probs GRI 2022 Forks, pivots, fibs
$SNAP is hovering at the bottom end of its last quarter earning gap. Good numbers can easily see the gap being filled towards $21 area. On the downside the previous low of $12 will be key level
Snapchat has crossed under the $10 mark as far as its listing. Excellent time to stock up on the stock as Snapchat is doing many initiates within the company to increase revenue and other user activities, such as adding Snapchat Plus, Snapchat Ghosts, etc. Snapchat will likely bounce back from its last poor financials report. Buy low sell high boys.
Holding monthly VWAP's lower standard deviation band...monthly VWAP sitting at $11.71 currently. Big earnings tonight from %AAPL and $AMZN which could definitely change this in a hurry but for now, as long as we see the lower band hold at $9.48+ then over the next week or two could see a squeeze up to mid $11s before retracing lower trying to find more support....
Can be opened on the current with a stop of 10 cents, under the $FB report After midnight it turns into a pumpkin. Target - 22-25 SL 9.3
Snapchat has fallen 38% on its earnings report. I am going long here with the idea of a rebound to previous support level at 12.0 Entry: 10.0 Stop: 9.5 Target: 12.0
Yesterday, SNAP posted a negative earnings report that missed both the top and bottom lines. The overnight was devastating, as SNAP surrendered more than 30% of its marketshare. Now, there is a key area in view: GAP, $11.90-$11.11 Here's the trade: 1) Ahead of today's close, buy from $10.00 2) Profit target @ $11:50 within the GAP 3) Stop Loss beneath today's...
Cold, hard concrete awaits Snapchat in 2024. Snapchat fall 35%
SNAP is entering a gap fill area. Could see $20 very quickly. Does report earnings tonight, so gotta be careful