SNAP Stock Exhibits Classic Head and Shoulders Pattern on 1-WeekIn 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’s next moves.
Snapbuy
SNAP/USD 900% Potential in Long term But -30% more dip possible #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 and One GAP is Down side.
Upper side GAP = $21.71 & 73.89
Down side GAP = $7.05
So IMO $SNAP may test $7.05 level which is Another-30% from current price Level.
But this is also Best Price to start Accumulation for Long Term.
Accumulation Zone:- $7-$10
Targets:- $21/$40/$55/$73
$SNAPAll Time Low Price is = $4.82
Below this Price we can see free fall and Exit Point also if Price down from $4.82
Risk and Reward both are High…
Reward = 9x
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Snapchat Long - Back to $25 IPO Open Price To Save The RetailersTwitter got dumped when Trump called them out and it just rebounded like a monster. Snapchat bears looking to take this down at the open but what they don't realize is that they criticized Trump after the close. Trump won't have time to criticize Snapchat after all the backlash that he got. Bears will get squeezed and take us to IPO open price and beyond. Inverse head and shoulders with throwback. If you missed Zoom's inverse head and shoulder with throwback into pump to all time highs then here is your chance to redeem yourself. Enjoy!
SNAP Buy Signal to Watch If NYSE:SNAP closes in an upcoming day above the 18.5 (RED) , it would likely continue up to the 20-21 area (GREEN) .
If it closes considerably above the 20-21 area , it would likely continue up to around the 27-30 area (BLUE).
The Triangle coloured in grey would serve as support area along the way .