SNAPI really like this ticker
Its so smooth always
The WAE is coming down to turn up green
Rsi is on lows from earnings
Its on sale from the earnings, $SNAP at these levels is exciting to me.
S2NA34 trade ideas
November 7th WatchlistIn this video I go over my top 4 stocks for the week of November 7th. These stocks all have great potential to have solid performances this week if the SPY performs. Keep an eye out for these stocks. Good luck trading this week!!
$SNAP Weekly buyers need to step in here...I think they willSnap recently loss the 50EMA on the weekly but is trading at two important support points - Upward trend line and volume shelf support.
Watch for possible more downside to $50 zone, were I would want to see buyers defend here and push back to $60 zone target.
I'm in DEC $60 calls down -20% will exit the position with a close below $50 this week. I like the decrease in volume as sellers seem to be exhausted at this point.
$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 66.67%.
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
SNAP is where you need it be $SNAP price fell about 35% last week over earnings report. However this is just one more occasion the market is overreacting.
Technical: We seeing support at $52 mark with a liquidity range just below at $48.5. This give a potential right-angled broadening formation. Typically this type of patterns have a 68% strike performance.
The purple and green lines are the possible path the market/price could move/ take.
Action: Buy first lot at $52.4. if the market is gracious enough to give 48.5 .. buy a second lot
your first TP should be anywhere the price touches the red trendline (60.4- 63.6)
Goodluck!!
SNAP SWING IDEA$SNAP
Missed revenue expectation but still growth QTR over QTR. Price is now consolidating at potential supply zone.
Support: $48/$50/$52
Resistance: $55/$57/$60
- Want to see price above 8EMA
- Holding support at $52, watch for volume/options flow
PT: $60 (Stop under $48)
New CommentWe can say that it will down in the coming days, but it cannot be denied that the content in this analysis is
subject to change at any time without notice and is provided for the sole purpose of assisting the
trader in making an independent investment decision. NYSE:SNAP
oversold, possible reboundSnap, Inc. engages in the operation of its camera platform. Its products include Snapchat, using the camera and editing tools to take and share Snaps, Friends Page, which lets users create and use Stories, Groups, Video and Chat, Discover for searching and surfacing relevant Stories, Snap Map, which shows friends, Stories and Snaps near the user, Memories, for saving personal collections, and Spectacles, wearable sunglasses capable of taking Snaps and interacting directly with the Snapchat application. The firm's primary source of revenue is advertising. The company was founded by Frank Reginald Brown IV, Evan Thomas Spiegel, and Robert C. Murphy in 2010 and is headquartered in Santa Monica, CA.
Love itI am really loving this set up on Snap. More than that FB set up I posted earlier. I am seeing more consolidation for at least end of the week but i am sure this will be one you to keep your eyes on. my first PT is highlighted in purple just above the break out of the wedge here is where i sell 60% of my position and let the rest ride up toward my final PT just around the Ichimoku cloud.
Snap Descending triangle A fall out of this Descending triangle in the next 2 days should be expected. The fall to 47$ support would be the target area.. Enter on the break down of triangle support. I applied a ghost feed to illustrate
SWING TRADE SNAP
This fkin shit is starting to move, it has touched the average of 200 periods.
First target 60, next target close the gap, good bullish movement is coming, the stock market needs to hold.
SNAP Inside Bar PlayRSI on daily shows below 33. Current level is just above demand zone.
51 Puts > 52.25
55 Calls <53.43
SNAP oversold - Good trading opportunitySNAP oversold. Very good trading opportunity. This is the only time it was oversold since March 2020 dump. More than likely the gap between 64-70 will get filled. Long here.
$SNAP Bullish 📈Snapchat is looking really bullish.
It has currently formed a descending wedge and has 2 gaps to fill that are both in a very similar position and to the upside.
We are also well below our previous trading range so I believe we should be back testing the support of that range as a new resistance in no time.
Will be looking to add a long position on the break of the wedge,
SNAP ANALYSISAmazing buying opportunity here on SNAP, we see price at a major support point and a huge gap created in the daily time frame.
We can use this support to buy and for price to fill in the gap all the way to 70.
SNAP about to go parabolicIf Metaverse is the future, then you cant ignore this….
No body questions Social Media or digital transformation, nobody will question the METAVERSE….
SNAP Oct29 ExpirationsI played a few really inexpensive SNAP calls here at the end of the week. This post will either never be looked at ... or will go viral. It'll be an incredible watch if it does make either the 54 or the 56c levels.
#FreedomTradersUnite
$SNAP hitting a massive support! Great BUY for a LONG $SNAP hitting a very big trendline support + blue zone support and RSI support!
I can count around 7 clear bounces off these support zones, chances are this will be the 8th!
stop loss 49 - price targets 62.2/69.4
LET GET IT!
-Not Financial Advice-
Snapchat (SNAP) - Load the Dip!-Great stock, popular among kids, recently posted amazing financial returns.
-Load the Dip!
SNAP 45m Wolfe Wave bullishSNAP 45m Wolfe Wave bullish A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
