SNAP (Snap Inc.) - Bullish Quarter ahead
Snap Inc. provides technology and social media services. The Company's principal product Snapchat, is a camera application that helps people to communicate through short videos and images. Snap Inc. is headquartered in Venice, California.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Heiken Ashi chart already indicates further move upward
- Slow and Fast MACD's are neutral at the moment, but I anticipate further push upward over the coming days - get your timing right!
- Expectation for the price to move to MID TARGET over the quarter
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Heiken Ashi chart already indicates further move upward
- Slow and Fast MACD's are neutral at the moment, but I anticipate further push upward over the coming days - get your timing right!
- Expectation for the price to move to MID TARGET over the quarter
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.