Snapchat rocket primedAfter 2 years of consolidation we have a lot of fuel in the tank here. I think we see a quick shot up to $20 this month. NYSE:SNAP
SNAP Options Ahead of EarningsIf you haven`t bought the dip on SNAP:
Now 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 2024-11-1,
for a premium of approximately $1.01.
If these options prove
SNAP Gap Fill Short IdeaBig pop for SNAP after earnings, filled the gap above this morning and has stalled since. Watching the $12.71 area for direction. If it remains below, downside target is today's gap. If it breaks above, would be looking for longs on a retest in the future.
$SNAP buy opportunityNice rejection from support. I will target resistance (blue line) and if monthly closure occurs above resistance I will open another position and target supply zone.
10x-12x on SNAP Q1 20252 week candle time frame
Harmonic reversal indicator calling for a 10x-12x on SNAP Q1 2025
TTM squeeze has decreasing bearish momentum. Stochastic RSI is oversold.
Plenty of lower profit targets can be met , $27, $38, $60 , still huge outperformance returns
Short SNAP @ 10.51SNAP is overbought. It has run up almost 25% in two weeks and is right at resistance. Either it will fail soon or break out. I'm betting on a fail.
Just went long the Oct 11 10.50 put for .34 - wish me luck. Either the trade goes my way quickly or against me hard, I suspect. Odds obviously fav
Watchlist week ending 10/4/2024Lets get into it! I got a hand full of stocks to keep your eyes on for the week ending 10/4/24. The airlines like #AAL continue to show us that our TA was spot on. Get yourself a warm cup of coffee and soak up this knowledge as we breakdown #SPY #DIS #QQQ #google #intc #MSFT and many more hot #stock
Can you spot the cat ?Yea ! I think That I have discovered a new chart pattern.
So this cat pattern that’s just formed must be bullish right?
To me the cat looks poised to leap up, coiled like a spring.
A traders had success with animal themed formations ?
Anyway think SNAP chart looks good for more upside,
Is it a
Snap Unveils AR Goggles: A Game-Changer in Tech or Another Hype?Snap Inc. (NASDAQ: NYSE:SNAP ), the parent company of Snapchat, has introduced its latest innovation: the fifth-generation **Spectacles** – high-tech, augmented-reality (AR) glasses priced at $1,200. This bold move marks the company’s continuing efforts to lead the AR space, which many believe will
4 hr rsi divergencePrice is at near all time lows with clear support down here.
They have just launched their new AR glasses, not a game changer but may be a catalyst to get people interested in the stock.
Look a relative low risk trade down here
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