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Snapchat

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
AMEX:SPY
by KholleKhokk
6
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.
NYSE:SNAPShort
by AbdorhmanThi
3
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.
NYSE:SNAP
by arunoda
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.
NYSE:SNAPLong
by quantguy
Where next for BELA?Introduction - What is BELA? Belacoin (BELA) is a crypto-currency token that considerably interests me just now because it currently has real-world application in the form of a chess game - Bellachess - which is available to download from the Google Play Appstore, and pays out BELA when you win a game. The development team also have the intention to integrate the currency into any number of future projects, the most important to-date is the (still under development) photo sharing App - BelaCam. Which will pay users when people Like their photo uploads. You can read more about both projects here - www.belacoin.org It doesn't take much imagination to see how profoundly important and potentially profitable the BelaCam application in particular could be for investors/holders of Belacoin when we look at the user base of popular applications such as Instagram and SnapChat, and exactly how much they are valued at. Alongside these platforms, Facebook and Twitter are also still heavily image-sharing based. What separates BelaCam from all of these platforms is the use of blockchain technology and payment to users for sharing their content. That is the 'unique selling point', and 'killer-app' if you will which could help spur rapid adoption and thus an increase in BELA value. BELA Price Rise Between the 21st and 25th of February the price of BELA climbed rapidly from 0.00002688 up to 0.00006889 - a 256% increase in value, and a new all time high. The main reason for the rise can be attributed to online posts from the development team that: (1.) Closed Alpha testing was underway, (2.) Screenshots of the product would be soon made available / marketing blitz, (3.) Listing on Bittrex had been officially applied for. So far, it looks like the price was pumped up on this hype into a bubble, which has subsequently burst. We can see by looking at the attached chart that the price is now working its way down through a Fibonacci retracement (78,6%... 61.8%... 50%?...). Support Line A We've seen a bounce off Support Line A, not falling quite as far as 50%, and returning to the 61.8% level. We need to watch this area closely for an indication of whether the retracement will further continue downwards. We are currently seeing a tug of war at this area. This will likely be guided over the next couple of days as the hype and release of marketing material hits social media. A successful marketing campaign should help keep the price above this level. So could a slip in Bitcoin price. Support Line B The next significant key area we should be looking at for the possibility of a bounce is at the 50% mark. This currently looks like the most likely area that we'll see a turnaround if support at 61.8% fails, with a likely bottom of Support Line B. Firstly, we could see prices drop to this area if the marketing material doesn't live up to the hype, secondly we could witness the effects of "buy on rumour, sell on news", lastly, we could see some continued pressure from the rise in Bitcoin price. Support Line C There is also the possibility that factors mentioned above could put exceptionally heavy pressure on BELA. In which case a drop to find a bottom at Support Line C - which is the long-term support line remains, though currently unlikely, a possibility.
B
by CryptoCoinNomad
3
AUDUSD - Consider A Short Trade In This PairThe Australian Dollar is on the defensive against is US counterpart once again. Prices have broken below trend line support guiding the move higher since early November, hinting the near-term bias has shifted to favor the downside once again. A daily close below resistance-turned-support at 0.7184 opens the door for a test of rising trend line support set from early September, now at 0.7064. Alternatively, a move back above the horizontal pivot at 0.7283, marked by the November 24 swing high, paves the way for another challenge of the 38.2% Fibonacci retracement at 0.7387. The break through near-term trend line support argues in favor of a short position but prices are too close to support to enter the trade immediately from a risk/reward perspective. Instead, we will establish an entry order to sell the pair at 0.7250. If triggered, the position will initially target 0.7184 with a stop-loss activated on a daily close above 0.7283.
Short
by unique4x