SNAP trade ideas
Snap impending gapfillSnapchat poised to fill gap to the downside, earnings likely priced in would align w spy going down to 417
$SNAP Consolidation and push to $80+ next week or twoLooks like a very nice inverted H&S on the 30 minute. A consolidation pattern that will break next week. As long as NASDQ and tech are generally up next week, a good bet.
Short Snap PT is $71.00After Five rejections, It might actually break the channel to the downside.
With a choppy market this will be a great play.
WATCHING $SNAP for entry at 67.59 - Analysis & Key LevelsWATCHING $SNAP for entry at 67.59 - Analysis & Key Levels
This really is a target where to re-evaluate… There is a short support just under where we are now, and I’m watching but I feel like it will go lower than that... and snap has a history of being caught a little bit above the 180EMA
Red = Resistance
Green = Support
Blue = trend lines
180 EMA = Purple
I am not your financial advisor. Anything can happen… I’m just posting what I see… but the risk is on you if you decide to trade the setup with me.
I certainly don’t win them all so be mindful of your position sizes and do your due diligence. I’m happy to answer questions to the best of my ability.
SNAP Bounce or break downHey guys sorry for no video tonight. My computer wouldn't download the video for some reason. Hopefully tomorrow it will be fixed. In return, here's a quick SNAP play. Watch for a breakdown tomorrow and look to use the ORB.
SNAP make it or break itSNAP sitting at strong support,
There is a gap to fill to the downside, if support doesn't hold.
Waiting for a decision.
$SNAP Plan for this weekPossible Inverse Head and shoulder setup playing out, buy the breakout retest and ride it up to mid 70s
$SNAP Blue Sky BreakoutShould be an exciting week for Snapchat with blue sky breakout and ATHs last Friday.
100 PT magnet. I think it gets there, just a matter of when.
I'm long 10/15 85C letting these profits run.
Highly recommend the book by Nicolas Darvas who made $2M trading stocks just by buying box breakout stocks or "Darvas Box Strategy".
We may see a retest of the box ($83 zone) before a further move up, if you're bullish and not yet long, it may be a good idea to enter at the retest (if we get one).
$SNAP | WEEKLY WATCHLIST 9/27Absolutely TEXTBOOK example of how powerful my charts can be. Entered long the 80c 11/19 @4.7 on 9/22. Contracts are currently worth 9+!! Congrats if you played and please be sure to trim.
Although a monster move already, I see more to come. Possible we slow down and consolidate in this $80-84 region to build a base and explode higher to the $90 region. If we get a larger pull, I will take profits on my remaining position and look to re-enter in the future.
Ultimately looking for $100 target by the end of the year!
SNAP: Ascending Triangle (50%), confirmed!SNAP showing a confirmed ascending triangle.
All indicators are green.
Price target = 106.22$
Stay humble, have fun, make money!
The last lapSNAP is running its last lap and it would end somewhere between 90- 100. Any one long can consider booking profits. I posted about this sometime back at $67 but didn't had any position. I will look to short this at the top.
$SNAP Chart Analysis into tomorrowPURELY EDUCATIONAL AND ENTERTAINING MATERIAL
$SNAP consolidating right under ATH prepping for breakout.
Personal use:
Calls can be played 15min close above previous HOD @ 80.10 would likely bring us to test ATH and maybe break through to establish a new all time high! A 15 min candle close below .786% fib @ 78.49 or a break of the previous days low @ 77.46 would be good time to scalp puts. I'm leaning a little more to the bullish side for this one.
$SNAP looking for all time highs$SNAP has been the best acting social media stock despite the extreme weakness shown by $FB recently. It is looking to clear the recent post-earnings channel for a move above its all time high. We are long some $75 calls expiring next month. Possible candidate for a day trade through the pivot at 80.85.
$SNAP potential breakoutSnapchat potential breakout with crazy option flow today. News ? or perhaps just playing the trend and bullish confluence of indicators.
$28M Block 1/21/22C at ask ... can't ignore that.
I like the Oct or Nov 85C for an idea
Short SNAP - Downgrades Likely Cometh Soon If FB was hit as hard as it was by the AAPL update effecting it's advertising business.. you can better believe that SNAP is not far behind getting blown out.
Goodluck, opinion only.
A stock worthy to be boxed. $SNAP analysis.Hi everyone!
Today I am taking a look at the one and only NYSE:SNAP .
This stock was born to be put into my boxes .
Just look at it
The most perfect boxes setup I've seen in a long time!
Key points are indicated on the chart.
The closest levels:
Strong supply on the upside at 79 .
Magnet level at 73,6 .
Strong demand level at 69,9 down below.
Key takeaways:
If we break the box with high volume we see 83 .
BUT I do not expect the price to take over the long-term trend line yet.
Last days volume was not outstanding, so I expect retest of 69,9 first before making ATH.
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
$SNAP | LONG POSITIONThe $SNAP chart looks ready for an explosion! Breaking out of the wedge to complete a final leg up.
Entered a long position at $75 today. As long as $70 holds, I expect an impulsive move to $100 by EOY.
Please trade responsibly and good luck!
SNAP breaking outSNAP did not fill the gap down like many people wanted. It held support nicely and bounced. Now its looking for all time highs.
