Snapchat
Snap toward the gapWaiting to add more to my long position when snap touches the gap area. MACD and two red candles are showing bearish sentiment for the short-term but it's holding 20MA also which is only bullish sign. Potential target could be 43-44
Snapchat stock analyses hello traders,
weeks ago snap chat after correction, he had a highly a very strong bullish trad, but what was the reason?
we have a very high volume in all snapsht history and that explained the high bullish , but why it didnt continue?
now as indicators shows we are now in correction, but will it continue in bullish trade, we dont think so as we have probability of 60% that the next days we will have bearish trad.
Snapchat soars! That's one giant cup and handleIt was interesting to watch Snapchat today after its earnings beat. It soared 30%. I personally think Snapchat is great, but have never really understood the long-term growth plan. Snap Kit seems really promising. But I noticed their user growth is not growing as fast as Instagram or Facebook or TikTok. So it's interesting to see that it's worth $50+ billion.
At the same time, I do notice that Snapchat is focusing more on global growth. So perhaps that is the exciting number. Global numbers and global users as opposed to just North American users.
I am watching closely to see how the pop holds up and this chart is a massive cup-and-handle chart I wanted to draw. Yes, it's not perfect and little ridiculous, but it had to be done. Snapchat since its IPO has been a mess! Congrats to any and all who bought at the bottom and held.
SNAPCHAT Stock Analysis - Snap Technical AnalysisThe Idea is to go long as per Major trend.
Just wait the end of the price retracement before going long.
Following Fibonacci all the following levels might work as support for the new rally:
1. 33.00 USD
2. 30.00 USD
3. 27.00 Usd
Fundamental Analysis
Snap shares jump more than 30% after earnings show strong gains in Snapchat online-advertising sales, which leads to gains for other social-media ad companies
Buy Zone and Target for Snapchat $SNAPMy buy zone and target for Snapchat. I think Snapchat is in sometype of bull flag or wedge. I believe it'll have another run up soon.
(Not financial advice)
Snap going upTesting all time highs with positive momentum on the macd growing... looking for a test of the 1.68
SNAP CUP & HANDLE.. Short and long opportunity Snap 4hr Chart
I am shorting SNAP here and will start to get calls to long when it gets closer to my support zone at 22. I am playing this Handle down and will get calls on the breakout of the Handle to complete the cup and handle!
SNAP to 26$ UPDATE If you caught this movement when i posted you should be up big! 26 is my PT but wall street analyst upgraded pt to 28 so could we see more? Keep in mind we have a gap down at 24.70 so once we hit those new week highs expect a pull back!
SNAP moving After HoursPosted this chart earlier, if you held SNAP and we continue to this after hour surge we're gonna be up good tomorrow morning! SNAP up 1.98% AH
Snapchat monthlyQuite simple, here. The SNAP monthly chart is a gigantic print of an inverse head& shoulders and should it trigger with a monthly close above the $24.50 level, that could a highlight a pivot indicating a bullish path ahead. Full disclosure: I have a starter in SNAP calls dated Jan 2021 and Jan 2022.
Snap back to your gap ASAP1. possible inverted cup & handle formation
2. check insider selling
3. 33b? for an app with 0 with a big Z, competitive advantage
4. Fundamentals out of the question
$SNAP falling wedge continuationLooks like a good risk/reward play.
Long term support has held in a falling wedge after a run up from its March lows.
I will start scaling in to long term calls.
SNAP bounce off support, possible break through resistanceBouncing off support nicely...possible break through resistance at around 24-25
Stop loss : 20.5
(not financial advice)
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 wait for breakout confirmationhey everyone, If you enjoyed this analysis make sure to leave a thumbs up or comment your opinion below!
Snap is currently in a descending wedge wait for breakout confirmation and make smart trades!
Bull Scenario for SNAPNYSE:SNAP
If SNAP can hold this pattern and breakout, SNAP should break out of descending channel and head back to previous highs. If not, $19.70 is the price target for support.
