SNAP 3 minute chart, day trade, will be invalid after the close yellow line short, green line to cover 3 minute chart. Day Trade. watching SPY. expect SNAP to break 20. This will be totally invalid in probably the next hour. Stop at 20.30.
Snap
My First Chart on $NSAV No R/S and Merger News/Acquisitions$NSAV Catalysts:
1. No R/S Announced
2. Reduction of A/S
3. Company merging with $CHIF to create a large MJ Recreational Spa and Resort at Naomi Villages in Colorado
4. Acquisition News on the horizon
5. Medical Cannabis Technology Business Announced
Chart:
Right now there was massive volume on Friday after no R/S was announced by the CEO in addition to the MJ merger news that was announced a few days before that. He also said that there will be more updates available and audited Fins to be announced soon as well.
$DTII Cancelled R/S$DTII Catalysts:
1. Ludlow Research predicts $1.00-$1.25 for this stock
2. R/S Cancelled
3. Demonstration of its patented Offender Alert Passive scan technology to the US Homeland Security Offices.
4. 3 Patents 2 Pending
Chart:
Very nice continuation after that massive run-up. Was hoping for more consolidation but we'll see if we get it, so far it's holding up on support very well.
$ENDV Update on Upcoming Catalysts and Pennant Breakout$ENDV Upcoming Catalysts:
1. Pre-Clinical Studies To Be Completed in first quarter of 2017
2. Application for IND Orphan Drug Status for its Cytotronics Product
3. Over 20 Patent Applications OWNED by the CEO and the Company
4. 10 Form 4s filed since Dec 2016 for Insider purchases of stock
5. A "Strategic Healthcare" Institutional Investor has Ponied up $15 mil to buy back Converts
6. Company paying off the rest of its debt with $2.2 million
7. Uplistment to a "National" exchange being considered
8. Has won their injunction against Kodiak Capital and other Financiers for diluting the stock
Chart:
There is now a clear pennant forming on the chart, support has held tremendously and the RSI and Fibs have reset to levels corresponding with a second major move up. All marks are checked and it looks ready. Pre-Clinical trials expected in the first quarter of this year.
SNAP - SNAP on it's way down to the L-MLHThe second head bang at the CL. is a good indication that we will see price down at the L-MLH.
When? Dunno...
P!
Snapchat IPO - thoughts1. 158 million people use Snapchat every day.
2. User growth is slowing.
3. Snapchat’s revenue skyrocketed in 2016 to $404.5 million.
That’s up from $58.7 million in 2015.
4. Snapchat lost a ridiculous amount of money in 2016: $514.6 million.
5. Snapchat sells most of its own advertising. In 2016, 91 percent of Snapchat’s
advertising came through direct sales. In 2015, that figure was 87 percent.
Snap plans to gain 3 Billion USD, with the valuation of $20-25 Billions.
My thoughts:
Snap chat is cool, but:
1. Instagram has launched it Stories in 2016 Q3.
2. Snapchat has started increasing their ADVERTISEMENT
which is irritating its users (young people hate ADS)
in Q3-Q4 2016.
3. the DAU (daily average users) growth is slowing since
Q2 2016. Which directly shows affect of first 2 points.
And inflow back to instagram is quite possible.
4. High expences. Its more like twitter. Possibly will not become profitable in next several years.
Verdict: Pump and dump, just like COUPA IPO. See the $COUP chart.
I am not participating in this IPO
$DRYS Cloud Breakout and Positive Move Affirmation$DRYS had a good day today. We all know this stock and its shenanigans well, it seems the offering to Kalani might finally be paid completely off therefore the stock is showing tremendous strength as of lately. One thing to note is the Ichimoku Cloud break. The first time since the last break where the stock ran almost 100%. Also to note is that all levels of support held today and it's making higher lows. Overall it looks like an uptrend has been confirmed.
$GLLK Breakout Pattern on the 30 Min PARSAR Flip Pincher ChartToday $GLLK confirmed that the bottom was in after breaking out of the .0004 resistance zone. After hitting the .0005 mark the PARSAR on the 52 Week Flipped into a bullish confirmation. The first time in months ensuring this pincher chart one very similar to past ones such as $IFAN and $KGET was gearing up for a massive run. The candle today was very long however if past pinchers are concerned these movers usually have longer and longer candles as they move up. Personal PPS goal here is .0050
$OCEE Not much to say except Stem Cell Patent and Reverse MergerWatch it as it still is low on the RSI with major potential now.
$FBEC Breakout through .0020 resistance and Cloud fight BullishCouple things:
1. First time this stock has attempted a cloud break in a while.
2. All technicals are setup for a breakout off of the All time bottom.
3. PARSAR on 3 and 6 the month charts first time since Jan when it had its last major run.
4. Broke above a key resistance point at .0020
5. RSI still very low on the 3 and 6 month charts
$SNAP Formed a very Bearish trend today. Not Looking Good.If I could short I would short this alllllll the way down. I can't even be objective with this one, it is about to show its true value. As you can see it's been nothing but a downtrend ever since it IPO'ed, we'll come back to this chart in a few weeks. However it broke through every support and is on its way to making much lower lows with longer candles.
$USRM Absolutely beautiful day todayThree Key Factors happened today on $USRM
1. We had a Cloud break for the first time in a while
2. Volume Increased
3. Resistance became Support
4. Ultimate support held
5. Bullish trend continues
$ENDV Breakout Confirmed above trend and BoliNot much to say here either other than keep accumulating :-) Currently up 150% from my alert.
$ICLD Massive Breakout what an absolute beautyDon't need much more to say other than I told you so lol
SNAP - 60m Works With Forks tooHere we have SNAP, respecting the U-MLH and reached the Centerline perfectly bevor bouncing up.
This 60min. bar is not over now, but we already can see how price of SNAP reacting at the centerline, the place where price is going in over 80% of time.
From here, price could zoom through the CL. or bounce back to it, just to turn and go north.
Observing...
$ENDV Excellent Breakout Pattern ConfirmedBreakout past the 50DMA was a key point today. PARSAR flip Bolli and Ichimoku Cloud break. This move is mostly due to immense fundamentals at work and not an actual technical push, which is the best part, if you remember $OWCP this is similar in terms of fundamentals, but with much more potential and in term a much higher ROI. One of my 3 long term holds as of today.
1. Application for Orphan Drug Status Push 2. Preclinical Studies 3. Application for Uplistment 4. Debt being bought by the company and a interested major investor 5. Insider buying through multiple Form 4s 6. Multiple Patents for their Medical Technology
SNAP: Dont Follow the HypeYou dont have to be a genius to know there are better places to put your money. Investing in SNAP without any knowledge is simply gambling. We have the casino for that. Technical already pointing to the downside and the first move up was from the hype around SNAP. But looking at how profitable SNAP is, it isnt. A company can be good, but that doesn't mean the stock will be good. This is a simple 5 wave structure for the stock based on the IPO of $17 being future support. The support will bring price up to around $24, previous support now new resistance. From there we might see price go a little higher to attract late buyers. Then we will see this stock falls to new low.
Snap Inc will be rising soon.This is a good time to buy Snap stock.
Why?
True, analysts has valued snap stocks ~$17. It was down yesterday and today it's rising.
I hope that's due to the market condition but not because of the Company.
The big point is they make themselves as a Camera company.
"Spectacles" is "Google Glass" done right. So, they'll make is much better and soon they'll announce more hardware products.
With all those announcements the stock will start to rise again rapidly.
---
They target for teens and they do it correctly. That's the next generation of buying force.
I personally think, they'll make the sales great.
$ICLD Massive Breakout Confirmation on the 30MinWhat a freaking beast this has been!!! From .01 and she ain't stopping until $1.00 Just like all our other calls $OWCP, $IFAN, $BMXC, $NEWC, $ABHI, $USRM we've called in the past this one is going to be massive, it's on the same level as $OWCP in potential honestly. Riding the bollis breaking out the techs and dropping massive PRs on upcoming pipeline projects. In it to win it.
Snap Long& short opootunity27.5 is the nearest resistance zone, if the market hit the zone,
1. rebounce back to the trend line
2. go back to 29.5
Snapchat IPO: Day 2Since this was a high volatility event, I actually drew the following analysis on a one minute chart, but Tradingview won't let me post the idea unless it is on a 15 minute chart or greater, so please excuse the coarseness.
First, regarding the Fibonacci levels, the most important thing you can do is anchor them properly, which is as much an art as a science. I've chosen the open, and first relative high as the anchor points. The first relative high is the point at which the price first pauses, and the 'sickle' shape starts to form.
Notice how I set my 50% fibonacci level at this point, instead of the 100%. This is because the sickle pattern is in the process of forming and we don't yet have hindsight as to where the apex is. If we *assume* the 50% level is at the first retracement in the pattern, it is usually pretty accurate in predicting where the apex will be: at 0.618, or 0.786.
Next, take a look at the indicators. Red = short term momentum, purple = medium term momentum, and blue = longest term momentum, to sum it up in a very crude way.
It's interesting to note that short term momentum actually arced down, indicating there was a lot of selling. This confirms what I had thought, that the insiders were selling off and taking profits from their buy at $17, for a 41% profit. Not bad for a couple hour's worth of work.
The interplay between short term momentum and long term momentum (purple and blue, respectively) give you a feel for retracements. That is, when the purple dips, but blue is still strong, the trend is still in place, but the pressure has let up. Notice how blue still remains high, despite purple dropping toward the end of the graph? This tells me that overall, buying pressure picked up throughout the day as we noticed as those 200million shares almost got entirely gobbled up. But the fact that price diverged from long term momentum toward the end of the day leads me to suspect a rally today, even perhaps a gap.
