In the ever-evolving landscape of social media, rivalries often dictate market dynamics and investor sentiment. The recent flurry of legislative activity surrounding TikTok, the hotly popular social media platform, has cast a spotlight on its American counterpart, Snap Inc., the owner of Snapchat. As the U.S. House of Representatives deliberates on measures to...
Snapchat stock looks good now. The price creates higher lows. Weekly bullish divergences are not a joke. We expect SNAP to give 285 % gains in a long-term. Targets / Take profit areas are shown on the chart. SNAP is down 90 % from its ATH. It's not a time to be bearish . DCA into SNAP and enjoy the profit on the way up. We may see a pullback to retest the...
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential. In this edition, we'll be looking at NYSE:SNAP ... I believe this code is at a point of potential volatility. If price can hold below $11.19 ... Bearish potential may be unlocked. My key downside targets include: - $10.25 (Conservative) - $8.86 (Medium) - $7.78 (Aggressive) ...
The US House of Representatives has passed a bill to ban TikTok in the US due to concerns over the platform's ties to China. The Senate will next consider the matter. According to analysts at CFRA Research, Snap Inc. stands to be the primary beneficiary of a TikTok ban. The app's audience overlaps that of TikTok, which could allow the issuer to increase its...
NYSE:SNAP always falls after earnings only to recover! we see bullish divergence on the RSI and a HUGE gap to fill overhead. Looking to play the bounce here with selling the $10/$11 puts.
PHUN is in the advertizing business specializing in targeting consumers with smart filterning of the ads tailored to their websurfing and data history. That said, it competes with Google, Facebook, Snapchat and all the rest. it is far more volatile than them as a small cap company. The trade is in capturing the volatility. On a 120-minute chart, PHU was...
In a revealing development for traders, SNAP stock has formed a distinct head and shoulders pattern over a 1-week timeframe. This classic chart formation, often indicative of a potential trend reversal, suggests that investors should brace for possible changes in the stock’s trajectory. With the pattern now complete, market watchers will be closely monitoring...
snap is bullish after braking up the trend line my targets are (16.54, 23.31 & 27.90).
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.
If you haven`t sold SNAP here: nor bought the dip before the previous earnings: Then analyzing the options chain and the chart patterns of SNAP prior to the earnings report this week, I would consider purchasing the 15usd strike price Puts with an expiration date of 2025-1-17, for a premium of approximately $2.62. If these options prove to be profitable prior...
Competition for advertising dollars is fierce. However, recent reports show that Snap Inc., (NYSE: NYSE:SNAP ) the parent company of Snapchat, is struggling to keep pace with industry giants Meta and Alphabet, raising concerns among investors and analysts alike. The Snap Slump: A 31% Plunge in Stock Value - Snap Inc. shares tumble 31% as fourth-quarter revenue...
Ready to ride the SNAP wave? NYSE:SNAP NYSE:SNAP broke through the $14 resistance level, and we're now targeting the next major price level at $26. One of the main drivers of Snapchat's bullish momentum is its impressive user growth. The platform has managed to engage a vast audience, particularly among the 13-34 age group, which is highly sought after by...
we find a very good trading idea by buying snap now stop is at 16 dollar per share
Hey, #SNAP has currently formed a regular flat pattern on the 15 minute. We do have confirmation of the flat structure but now we need to look for a good entry point to possibly ride the bullish move. Look for lower degree bullish trend continuation setups and manage your risk!
Broken charts take time to heal and this one is showing signs of improving. Pullback from 200EMA but at volume shelf. Still could go either way. Distribution here again would be catastrophic. Tight PA here around 10 bodes well for 12.50. watch for flag on the daily for potential gap fill above. No position yet, but on close watch
Snap Inc (SNAP) has been on an incredible rise since practically October 26, which was straight after the bottom on the Higher Lows trend-line of the 1-year Bullish Megaphone pattern. Technically that is the pattern's 4th bullish leg towards its top (Higher Highs trend-line). The price is very close to that level, which is also where the 1W MA100 (red trend-line)...
Snap (NYSE:SNAP) shares rose more than 2% pre-market today after Jefferies upgraded the company to Buy from Hold and raised its price target to $16.00 from $12.00. The most challenging times for the company seem to be over, and they see a pathway back to a mid-teens revenue CAGR over the next 3-5 years. The underperformance of Snap in the past, according to...
If you haven`t sold SNAP here: or ahead of the previous earnings: Then analyzing the options chain and the chart patterns of SNAP prior to the earnings report this week, I would consider purchasing the 11usd strike price Calls with an expiration date of 2023-11-17, for a premium of approximately $0.60. If these options prove to be profitable prior to the...