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Snapchat

SNAP Buy setupSnapchat parent company Snap Inc (NYSE:SNAP) showed strength in its advertising revenue in the first quarter. Analysts saw many positives from the quarterly earnings report. Snap's first quarter checked all three boxes of revenue, users and EBITDA that Nowak was watching. Snap’s advertiser base nearly doubled year-over-year in the first quarter. Up-front advertiser commitments grew by more than 50%, including a tripling of year-over0year up-front commitments for commercials from branded advertisers. With initiatives like SNAP’s partnership with Gannett helping in developing relationships with SMBs across North America and integrating those businesses into products like Snap Map. Snap has great potential technically and fundamentally for share price growth.
NYSE:SNAPLong
by Nasdaq_Diaries
Snap --> Snap it hereSnap has been under the control of bears since past 2 weeks, it has dropped by approx. 30 percent in recent sell off. I am very bullish on snap. It has shown good revenues and is one of the greatest competitor of Facebook. It is now sitting on a very strong support. It is a weekly support as well. I believe that this is a very good entry point, or if a better safe trade will be a put credit spread. Indicator showing divergence and i believe it is ready to rise Ideas is for entertainment. Not a trading advice. Trade at your own risk
NYSE:SNAPLong
by Stockmaanreal
2
SnapchatMission: Snap Inc. is a camera company. We believe that reinventing the camera represents our greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. Recent News: 1. With a mosaic of communication tools, the Snapchat Generation believes they can help change the world. Over half (53%) believe they have the power to make social changes and contribute to activist movements using social platforms.9 Their fierce dedication to activism extends beyond social platforms as they vote with their dollars by engaging with and purchasing from brands that support their values. 2. The Snapchat Generation represents a new kind of shopper, one willing to immerse themselves in stories and experiences, and use the latest tech to their advantage. As a group, Snapchatters hold a whopping $4.4 trillion in global spending power.6 They’re willing to outspend non-Snapchatters on common purchases across every retail and service category. They consider big and small brands in equal measure. 1 in 2 say they like to learn the backstory of brands and products they buy.7 And they’re 3X more likely than non-Snapchatters to say they’re using AR more than they did last year to try on products.8 Brands that craft compelling narratives and cutting-edge experiences can forge a strong connection with this generation. 3. "2020 was a really strong year for us and we are thrilled with the momentum we're seeing. We reached more than 60 million users in India in Q4 20, with strengthening growth throughout the year, and see our community engaging across all parts of Snapchat -- from chatting to Discover content, using our Camera and getting creative with Lens Studio," Murugesan said. He added that augmented reality (AR) is revolutionising how people communicate, are entertained, learn and experience the world. Source: Snapchat newsroom Like Follow Agree Disagree
NYSE:SNAPLong
by Redimere_91
Can SNAP reclaim this channel?$SNAP 2HR.... Watching for price to reclaim uptrend channel and a possible reversal to retest ATH, could see a possible move to 65 and if volume is low we could see a sell off and back to previous lows, possible double bottom at 51.38 under that strong demand near 48.20... if we break that I'm seeing an overall move to my wave c target at 43. Now if we see higher lows begin to form and we reclaim that channel I can see a retest to 73.18 and ATH breakout to 95. Perfect short and long opportunity for short term option traders, liquid option contracts and decent premiums.
NYSE:SNAP
by jUiCE_Trades
10