Another daily wolfe wave setup was triggered post midterms. The chart for SNAP is closing in on a few gaps left open after the earnings debacle. With tax losses and Christmas rally into end of year, we should see most of the small caps rally and accelerate into Feb 2023. The apex and projection target lines can be used to estimate when price and time will meet in...
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...
Looking at the options chain today, i would buy the $15 calls with 2022-11-18 expiration date for about $2.55 premium. Looking forward to read your opinion about it.
Snap Short Term - We look to Sell a break of 26.32 (stop at 29.92) Trades with a bearish descending triangle formation. We look to set shorts in early trade for a further test of the fragile looking support. The bias is still for lower levels and we look for any gains to be limited. The medium term bias remains bearish. Our profit targets will be 18.18...
On 2022-02-14, SNAP largest shareholder, PRICE T ROWE ASSOCIATES INC, reported the selling of 17,607,412 shares. MORGAN STANLEY also sold 4,061,262 shares and BlackRock Inc. 519,482. I am thinking to buy the 26.50 strike price puts expiring April 29 for $1.61 premium. Looking forward to read your opinion about it.
Looking at the SNAP chart i can see a double bottom with a price target at the next resistance level, $49. Looking forward to read your opinion about it.
Hello everyone, according to my chart analysis of SNAPCHAT stock, I recommended to keep in portfolio, because SNAPCHAT stock is showing a strong buy signal this coming weeks.
If you haven`t sold SNAP at my call here: Then you should know that a strong support volume area is between $12 to $18. I expect to touch that area after the earnings call.
If you missed last Friday`s 28usd price per share, close to the 2017 IPO opening price of $24, then, after a bounce from the oversold area, once interest rates will go higher, i think we can still see it in the 18-25usd range. SNAP is still unprofitable 4 year after its IPO. It is trading at 19.5 times its 2020 revenue. A worthy multiple would be let`s say...
Either a triple inverse H&S occurs, or the blue oval above the channel acts as a support and price reverses at this point. Above the channel is a good entry point, betting on a reversal. Would be nice to see a clean triple inverse H&S although
Video breakdown on $SNAP going into the rest of SEPT. Looking at taking this gap short with market pullbacks.
Snapchat's price drops to the limit of the price zone
Snap approaching a bit of a sell-off this off Confirmation: -Rejection off the 50 MA (red) -Hit top off downward channel Enter: $57.15
Up or down still trading in range... as it dips I would buy. No analysis just what I see.
expiration of this Friday contract. now it is time to short. Fib retracement, Modified Fork, resistance line and logarithmic fib channel are obvious. we are at the end of impulse elliot wave of today. It is actually more conservative target than aggressive. Put for next Friday expiration.
See old reports on this. The blue one (3) tends to the end in the higher-level picture. Be careful and take partial profits with you if needed. But the wave (5) should reach the +60 USD. Greeting from Hannover Stefan Bode
This will most likely be a short-term play. Descending Triangle formed after a 4-month rally. Resistance confirmed multiple times yesterday on the 5-min chart. We have two targets, set at a new potential support line. - 1-Month Downtrend - RSI and STOCH below 50 - MACD below Signal Suggested Entry $20.69 Suggested Stop Loss $21.25 Target price $19.61 +...