SNAPchat March 19th call @60 strike so i killed all my snap calls
my game plane now??
i bought a long out date and more in the money so if it holds hear it will be promising.
my opinion, do your research
1SNAP trade ideas
Snap Chat production :)) i feel like they will kill earning report and stock will see some gainz in my opinion :))
lets see for the best :)
Snapchat ST (Feb 4th 2021)Snapchat (SNAP) (February 4th 2021 through March 2021)
Low: $59
High: $76
2020 Q4 reports announced after market close today.
My basic speculations/expectations are as follows:
Positive year-ahead guidance.
I estimate EPS could land in the +$0.05 to $0.10 range, or at the very least out perform the -$0.07 analyst expectations.
Trading may close positive both today and tomorrow if today's report is announced positive.
Just keeping this chart simple and seeing if the next notch on my fibonacci setup can be achieved. Could be wrong.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Danger! EarningsI am doing this analysis as a request. Enjoy.
With earnings 3 days away, technicals mean absolutely nothing. Or do they?
If earnings were not in 3 days, and based these technicals I would short the stock as there is bearish divergence and weakening bullish divergence on the MACD.
A sell signal is also initiated by D+
But with a high RSI of 70.15, it can go even higher after earnings.
I personally believe Snapchat will do well this quarter as their platform is still growing, and being used now more than ever due to the pandemic. Personally I would not be afraid to hold a call through earnings, or not be afraid to hold my position through earnings.
Everyones level of risk is different so make your best judgement & and good luck to the SNAP bulls out there!
*DISCLAIMER* I do not recommend making trades based off of what I would do as I balance my risk/reward ratio, and trade options with money I am willing to loose. Losses happen and nobody can predict the future 100% of the time.
Snapchat earnings run upMost recent channel since their last earnings where they gapped up into the 30$ range.
Nasdaq had a rough week but channel bottom held so that's where our support will be (50$range). Been awhile since I've played earnings but I'll give this a shot. double bottom breakout is yellow line. targets are green line..
technicals look good but earnings are always a risk
SNAP ATH retest soonSNAP has formed a nice wedge and is getting ready to breakout of it. The fib arcs show a breakout is imminent as well. There were large flows for leaps a couple days ago at this level for SNAP. FB also has earnings tomorrow, so the ER runup can give a sympathy pump to SNAP as well.
with facebook earnings on deck looks bullish With facebook earnings on deck looks like this is trying to hit the all time high.
let see it
SNAP reversal zonePlaying calls here. Looks like it could possibly dip a little more but I expect a bounce. Good to swing too.
Looks like $70 Coming soon After the first Break away GAP looks like its waiting for Runaway GAP .....
Waiting for 70$ now
Shorting Snap AgainMade a 250% profit last time I shorted Snap and here is why I am shorting it again.
5 sell signals on the 3x confirm!
High Bearish divergence as indicated by D+
Weakening bullish strength as indicated by MACD.
RSI has shown the stock has been overbought for quite some time.
