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Snap Inc.

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SNAP trade ideas

$SNAP - small repeatable gainsThis is how I have been playing this stock: Put in limit order for far less than the bottom of the spread. For example, if bid is $5.50 and ask is $6.00, I put in limit at $4.80 or less. If it fills, great, if not, no big deal It filled for the $65 strike on 3 times over the past 2 weeks. I set a limit sell right away to whatever the buy price + $3.00 and then adjust as the day goes on. This allowed me to book $603 in the last 2 weeks. Small repeatable gains are working on this stock and on BEAM.
NYSE:SNAPLong
by katblat
2
$SNAP$SNAP ran after Earning and started to trade sideways, losing momentum and strength. It tries to break out the time high of $65.42 but failed after several days of attempt. This is a critical point where the price is at the middle Bollinger and oversold. If there's the volume, it could see a $65 range or even break out to a new high. I am looking at the 4H chart (swing trade), and I like that the Doji candle is followed by a green candle with a higher opening (Bull). The other scenario is if this fails below $60, then it will touch support at $55 and $51. It moves +/- $4.00.
NYSE:SNAP
by G_Acidbeam
Snapchat ST (Feb 4th 2021)Snapchat (SNAP) (February 4th 2021 through March 2021) Low: $59 High: $76 2020 Q4 reports announced after market close today. My basic speculations/expectations are as follows: Positive year-ahead guidance. I estimate EPS could land in the +$0.05 to $0.10 range, or at the very least out perform the -$0.07 analyst expectations. Trading may close positive both today and tomorrow if today's report is announced positive. Just keeping this chart simple and seeing if the next notch on my fibonacci setup can be achieved. Could be wrong. Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
NYSE:SNAPLong
by Hambooger
5