SNAPCHAT prépare de monter encoreentendez des jours pour que SNAP casse ce niveau puis on seraient dans une tendance haussière très très fort
1SI trade ideas
Looking to fill the gapNYSE:SNAP Is ready to slide down .
Making lower lows and lower highs .
Trading in a descending triangle
The gap desires to get filled.
SNAP - ATR is decreasing, time to buyReferring the left side chart only
This is an hourly chart of SNAP backtested using my Script: " Relative Volume Strategy "
From backtested trades, we got stopped out two times in a row in this 70-75 price range. Still, this proves to be a significant price area.
The win-rate with the default settings is approx. 35%. Odds of winning next time should be in our favor (i.e. followed by a breakout).
It is assumed that the up-gap formed on July 22 (as a result of positive earnings) is a breakaway gap. If it fills, then it will be a matter of risks associated with the overall market (not SNAP as a company individually).
We will put a stop loss near the orange support line.
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Other information (about the right side daily chart): This setup is just for my reference to see price actions from a higher timeframe. At the bottom, I pasted some target prices. We note that the current price is below average target.
Snap Holds Bullish Earnings GapSnap rallied hard one month ago following strong quarterly results. Now it may be ready to move again.
Notice the bullish gap on July 23 after the social-media platform’s profit, guidance, traffic and revenue beat estimates. SNAP has barely filled any of that gap, which indicates sellers are few and far between. The stock also held its early-July peak around $70, turning old resistance into new support.
Next, SNAP jumped back above its 21-day exponential moving average (EMA) on Monday and held that line on Tuesday.
Third, stochastics recently fell into an oversold condition and are now rebounding.
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Good buying opportunity for SnapSnap after a bullflag pattern, continued the uptrend. RSI crossed above the 50 mark and the Stochastic RSI crossed in the oversold area above the 200 EMA. That's why I think this is a good buying moment.
TrendyTrades: SNAP AnalysisCan we just take a moment to stop and appreciate these beautiful technicals. TrendyChartsAnalysis combines clean charts with accurate technicals.
SNAP - PEG consolidation on VCP pattern (8/16/2021)Consolidation after PEG. Has shown it is holding the gap up and is currently sitting at the bottom 68% of the fixed volume range since PEG. Volume is drying up indicating that seller are getting tired. All KMA are in a uptrend but could use some more time for a consolidation.
Entry: $75ish
Stop: $72ish
Risk: 4%
SNAP Daily BrokeOUT a strong resistance and the SNAP market according to the pitshforks is in an uptrend and probably a pulback before accelerating upwards
DOUBLE BOTTOM reversal 15 min??? $snapdouble bottom reversal on 15 min 30 min or daily displays on all retest of 80 risk break of orange zone??
update on snapchat observation from 8.6.21update on snapchat critical levels broken. game plan shared in previous trading session.
$SNAP double inside week after #earningsSNAP holding the 9 ema on the daily and having a double inside week. if this can get above the 3 week range this should make a nice move.
Long snapchat from identfied levels of resistance.. long 76 strike snap calls into friday, the odds are in our favor...
SNAP Breakout Long (8/5/21)Clean breakout on 4h/daily chart with double bottom forming around support levels. Could definitely retest ATH with volume and as long as major indices hold up, current price target around $79.
Support above the earnings gap up seems to have held up well, wouldn't consider puts/short unless we breach the level with volume.
Snapchat - Keeps surprising!-Social networking company Snap's (NYSE:SNAP) recent second-quarter earnings release was followed by many upgraded 12-month price targets for the stock from analysts. One revised target stretched as high as $110, translating to nearly 50% upside from where the stock is trading today. Furthermore, many of the price target hikes were featured alongside buying or outperform ratings.
-Capturing the company's improved advertising pricing, Snap said in its second-quarter update that its effective cost per 1,000 total ad impressions (eCPM) soared 122% year over year.
-"Rising eCPM relative to the prior year reflects the rapid rise in overall demand, improved optimization capabilities within our auction, a mix shift toward relatively higher eCPM products, as well as a mix shift toward relatively higher eCPM regions such as North America," said Snap CFO Derek Andersen in the company's second-quarter earnings call.
-Snap's trend of rising cost per 1,000 total ad impressions could persist over the next decade, Ju believes. Of course, the catalyst will decelerate from this quarter's triple-digit growth, as the period benefited from an easy year-ago comparison when marketers were holding back some ad spend as businesses navigated uncertain environments.
-Other analysts similarly cited sustainable growth trends in advertising revenue growth. But some also praised the company's ability to grow its daily active users.
-It's not surprising to see so many analysts growing more optimistic about Snap stock. The company's second quarter was truly exceptional. Revenue soared 116% year over year to $982 million, and the company's daily active users increased 23% year over year to 293 million.
-Furthermore, Snap provided very strong guidance. Management said it expects revenue in the third quarter to increase 58% to 60% year over year. This is quite an extraordinary outlook considering it's on top of 52% growth in the year-ago quarter.
