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SNAP INCSNAP INCSNAP INC

SNAP INC

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SNAP May be an incredible buy opportunity based on Market PhasesSnap Inc (SNAP) hit new lows last Friday, completing a disastrous -90% drop from its All Time High (ATH). The stock market fundamentals couldn't be more negative and is the reason why the majority of the market is expecting the price to drop even more. Few are thinking to enter Snap here and who can blame them? However based on Dr. Jean-Paul Rodrigue's infamous Market Cycle Phases, the stock may be an incredible buy opportunity on the long-term as it appears to be trading in 'Despair' territory, below its mean and at the end of its 'Blow off Phase'. The Public and Dumb Money started entering during the Mania Phase, which is dominated by Enthusiasm, Greed and Delusion. The 2022 drop has spread fear, the price capitulated and all that is left now is to reverse on investors' despair and return to the mean. Does it look like a solid long-term buy opportunity to you? ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:SNAPLong
by TradingShot
4
Trade it 🤡 or leave itHello everyone,🙋🏾 Here again Rom with a new trading idea, After each report of results in the last quarter, the NYSE:SNAP started with a "gap down" and rose between 14 and 29%. This time the same thing happened. Do we expect an increase of about 14 to 30%? For More, follow me, express your opinion, and share with me.💃🏿 don't forget like👍 ⚠️__🚧___🚧___🚧__🚧___🚧__🚧_🚧__🚧__🚧__🚧__🚧_🚧__🚧__🚧_🚧__🚧_⚠️ There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only. Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one. Investing in the stock market involves risking your money!⛔️ have fun💃🏿
NYSE:SNAPLong
by ROMLUCK
2
SNAP 9/29/2022SNAP Daily chart Analysis Snapped! Last year Sept.’21, SNAP topped at 83.00 Fast forward to Sept.’22, price is sitting at 10.19! -87.72% drop. All the Covid gains lost and then some. SNAP is currently in a downtrend under both the 200 and 50 EMAs So far when its consolidated, its respected the 50ema. Once price was done consolidating and breaks out to continue it downtrend, the moves are strong and violent respecting the 20ema. Between May’22 thru Jul’22, price consolidated above support area of 12.75. It violently broke thru support on a -40% drop. After the drop, price found support at 10.00 area and bounced. It has now bounced twice off previous support area at 12.75 to turn previous support to Resistance. We now have what looks to be a Double top pattern with neckline support at 10.00. We need break of Neckline to confirm pattern. At neckline support, we have the build-up of several small daily candlesticks. These small candlesticks represent little momentum. When the momentum expands, the candle sticks will increase in size and break thru neckline support. The build-up is also under the 20ema, which was the EMA price has resected when breaking out and continuing Downtrend. If price does not break above the 20 ema, the bounce off 20ema will provide the pressure we need to expand momentum. The build-up represents a great place to enter trade short. Expecting price to reach pre-covid bottom price of 8.00 Entering trade short. Entry: 10.19 Stop loss: 11.34 or close above 20ema Target: 8.10, +20.51, 1.82 RR rato Gotta thanks to the lord Jesus Christ
NYSE:SNAPShort
by rudcharts
8
Earnings watch 10/20Earnings watch 10/20 NUE SAM NOK FCX CSX PM AAL WHR T SNAP Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
NYSE:SNAP
by Options360
Selling Snap into swing highs.Snap - Intraday - We look to Sell at 12.71 (stop at 13.91) Price action continues to trade around the all-time lows. Price action continued to range between key support & resistance (10.00 - 12.80) and we expect this to continue. The bias is to break to the downside. Daily signals are bearish. We look for a temporary move higher. The primary trend remains bearish. This stock has seen poor sales growth. Our profit targets will be 10.04 and 9.04 Resistance: 10.80 / 11.30 / 12.00 Support: 10.00 / 9.50 / 9.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:SNAPShort
by Saxo
$snap could go lower to $5 before growing 800% in next years?Lower before going higher? Thats what Im trying to figure out. Snap has growth going forward in the next years according to analysts. Its just this inconvenient thing called the rest of the economy. Advertisers are cutting back this year. How long will that continue for? And what will the fair price for snap as a company be then? Im a fan of this company for the next decade. It just has to endure the correction slow down me thinks.
NYSE:SNAP
by ValuePig