SNAP LongBuckle up, SNAP's run is just getting started and will last multiple years.
Looking towards $100+ over the next 24-32mo.
1SNAP trade ideas
That Snapback - SNAPMeta looks ready to rally and Snap maybe even more so, Sitting here with daily bull divergence at strong support. Target would be around 20-22 from here. I'll add some to my cash accounts. Stop would be 9 dollars.
Social media stocks look ready to bounce, no idea what the reason will be. I guess we'll see if that's true soon. Good luck!
New LowWe've fallen below yesterday's low and the momentum is increasing. We cann expect further losses the more that there is a downward trend.
SNAP buying volumeBuy low sell high. Seems like others might be doing the same. REALLY intrigued to see if SNAP will make it out of the 80% hole that it's in from the selling.
SNAPAfter the market has implemented what I expected in detail, you can review the idea, I will leave it below to you. I expect the next levels to be its next goals
13.09
16.61
$snap could go lower to $5 before growing 800% in next years?Lower before going higher? Thats what Im trying to figure out. Snap has growth going forward in the next years according to analysts. Its just this inconvenient thing called the rest of the economy. Advertisers are cutting back this year. How long will that continue for? And what will the fair price for snap as a company be then? Im a fan of this company for the next decade. It just has to endure the correction slow down me thinks.
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$SNAP inside month feeling bearish #TheStrat$SNAP put in an inside month but more to the downside. Leaning bearish on SNAP right now. Price targets on the chart.
SNAP to test $10??SNAP is currently forming a bear flag on 1 hour.
Puts looks great if it bust through 10.77, where we will then test 10.50 and 10.05.
If 10.77 held, we can whether see the bear flag continue to be form or testing 11.34.
SNAP is ded50% loss in value incoooming, best of luck everyone, turns out aggressively advertising woke agenda doesnt work!
Plain chart Plain chart on snap keep my eye peeled. Could be setting up for a nice long with the right momentum.
Will stay mostly in my meta watchlist atm
SNAP target 16 then 5 then bull runSNAP could be correcting to all time low before the bull run
Buy in October at 5
$SNAP with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $SNAP after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
SNAP AnalysisPrice is currently consolidating on the H4 chart. We saw a dump during earning release. Currently, price filled the fair value gap at 11.64 and retrace strongly to the downside. As we have a very strong imbalance, I'm expecting the price to head towards 14.46 to fill the 50% imbalance before we see a retracement to the downside.
SNAP - Bullish divergenceMkt cap $16.8B
Bullish divergence
Price $10.10 (AH 08.09.2022)
Target $13.79
Stop loss $9.34
IMO
Long on SnapGood day on today's stock pick we had a re-enter on NYSE:SNAP . We believe the company is currently undervalued and despite it's terrible earnings report, we still believe the company has a long term value and in worst case scenario to be bought over by NASDAQ:META with the attempt to expand their monopoly on the App space.
Position:
- Entry 1: $10.73
- Entry 2 (Buy Limit) : $9.75
- Entry 3 (Buy Limit) : $7.89
- SL: $9.25
- TP 1: $13.75
- TP 2 : $23
RR:
- 2.45
Reward:
- 0,30 %
- 31.4 PIP’s
- 3.01$
Risk:
- 0,20%
- 12.8PIP’s
- 1.53$
Confluence’s:
1. 3 consecutive bullish weekly candles
2. Weekly order-block on 16 March 2020
3. Low Intrinsic value
4. Clean 4h break and retest on order-block as above mentioned.
5. Huge gap to be filled between 21st and 22nd July 2022
$SNAP -85% DISCOUNT!Snap has been getting killed since Sept. '21, if you believe in this stock long term, the buy area is $5-$8 is a great area build from!
Rhythm is a dancerSNAP long downside is to 8 bucks upside is to 20
We have some bull div building
It's unlikely to go much lower than 8
First upside target is 20
I don't think 50 is impossible
GRI 2022
NOT TARDING ADVICE
Snapchat at excellent stockpile priceSnapchat has crossed under the $10 mark as far as its listing. Excellent time to stock up on the stock as Snapchat is doing many initiates within the company to increase revenue and other user activities, such as adding Snapchat Plus, Snapchat Ghosts, etc. Snapchat will likely bounce back from its last poor financials report. Buy low sell high boys.
$SNAP Long TradeHolding monthly VWAP's lower standard deviation band...monthly VWAP sitting at $11.71 currently. Big earnings tonight from %AAPL and $AMZN which could definitely change this in a hurry but for now, as long as we see the lower band hold at $9.48+ then over the next week or two could see a squeeze up to mid $11s before retracing lower trying to find more support.
Zooming out on the weekly chart Century VWAP's lower standard deviation band rests at $6.85 which granting a failure and rejection around $11 I would expect to eventually fall to that level to test the lower band.
For reference each level of century VWAP has served as an important support area since the beginning of this years fall ($43 and $25 +1 STDV band and Century VWAP respectively).
Good luck traders/investors.
SNAP rebound playSnapchat has fallen 38% on its earnings report. I am going long here with the idea of a rebound to previous support level at 12.0
Entry: 10.0
Stop: 9.5
Target: 12.0
$SNAPCan be opened on the current with a stop of 10 cents, under the $FB report
After midnight it turns into a pumpkin.
Target - 22-25
SL 9.3
