$SNAP Short? $65 PT?Video breakdown on $SNAP going into the rest of SEPT.
Looking at taking this gap short with market pullbacks.
SNAP trade ideas
SNAPI like snap to break this downtrend here off last weeks support and 50ema tap. Watching to see bulish breakout
$SNAP - LongPlanning to trade this channel and keeping a tight SL.
Targetting $92 as long as above $70.
SNAP trading in channelSNAP is trading in a channel and is looking to break out either up or down. If either of the triggers are broken look to but calls or puts.
Potential Wyckoff Distribution Setting Up On Snap Snap is potentially on its final phase of distribution. Wait for a decisive brake below the Buyers climax (BC) resistance and previous low for higher accuracy. Lets see how it plays out.
$SNAP Ready to Make a Move$SNAP holding up okay the last few days and getting real tight here. Volume pattern is so-so but its ready to move out. The question is which way? We will find out soon enough.
$SNAP Quick look Gartley Pattern Clean Gartley, many harmonics in snap,
a couple nice set ups below, worked well on $SNAP
SNAP - PEG Play (9/7/21)SNAP has been consolidating for quite some time now after its earnings gap up. Sadly it is trading below the AVWAP from the gap up which usually indicates it will fill the gap but it seems that buyers have stepped in to not let that happen. Many of the newer growth names are extended but this one has been more beaten up recently. We are still holding the RS above 50 and also seeing a declining ATR. We are also trading in a range within the PEG as well as seeing the Fibonacci EMAs in a very tight pattern which usually means a strong move in the next week is coming.
$SNAP Elliott Wave analysisHere I teach how to identify corrective structure, how to count motive waves, and how to get upper price targets as well as retrace levels for counter trend movements
Hope this can help someone :) -BensStocks
SNAPCHAT prépare de monter encoreentendez des jours pour que SNAP casse ce niveau puis on seraient dans une tendance haussière très très fort
Looking to fill the gapNYSE:SNAP Is ready to slide down .
Making lower lows and lower highs .
Trading in a descending triangle
The gap desires to get filled.
SNAP - ATR is decreasing, time to buyReferring the left side chart only
This is an hourly chart of SNAP backtested using my Script: " Relative Volume Strategy "
From backtested trades, we got stopped out two times in a row in this 70-75 price range. Still, this proves to be a significant price area.
The win-rate with the default settings is approx. 35%. Odds of winning next time should be in our favor (i.e. followed by a breakout).
It is assumed that the up-gap formed on July 22 (as a result of positive earnings) is a breakaway gap. If it fills, then it will be a matter of risks associated with the overall market (not SNAP as a company individually).
We will put a stop loss near the orange support line.
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Other information (about the right side daily chart): This setup is just for my reference to see price actions from a higher timeframe. At the bottom, I pasted some target prices. We note that the current price is below average target.
Snap Holds Bullish Earnings GapSnap rallied hard one month ago following strong quarterly results. Now it may be ready to move again.
Notice the bullish gap on July 23 after the social-media platform’s profit, guidance, traffic and revenue beat estimates. SNAP has barely filled any of that gap, which indicates sellers are few and far between. The stock also held its early-July peak around $70, turning old resistance into new support.
Next, SNAP jumped back above its 21-day exponential moving average (EMA) on Monday and held that line on Tuesday.
Third, stochastics recently fell into an oversold condition and are now rebounding.
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Good buying opportunity for SnapSnap after a bullflag pattern, continued the uptrend. RSI crossed above the 50 mark and the Stochastic RSI crossed in the oversold area above the 200 EMA. That's why I think this is a good buying moment.
TrendyTrades: SNAP AnalysisCan we just take a moment to stop and appreciate these beautiful technicals. TrendyChartsAnalysis combines clean charts with accurate technicals.
