SNAP SWING TRADEBeautiful inverse head and shoulders pattern on ticker symbol SNAP. Possible 50% gainer here. Not investment advice. Longby Integrity_Investments2
Snap Decending ResistanceBuying puts here, Stop loss if the stock touches $43.00. Take profit between $28.00-$29.00 Thank youby StockGuru13
Is Snap Overbought?Snap had a sharp rally on February 4 after quarterly results beat estimates. But now its longer-term downtrend may be reasserting itself. The first pattern on today’s chart is the stochastic oscillator. It’s swinging back to the downside after jumping into overbought territory. Next, price tested but was unable to break above the 50-day simple moving average (SMA). That suggests the downtrend remains in effect. Third, notice how the recent high occurred slightly above $40, near the mid-December low. It’s also close to the high-volume breakout area in October 2020. Has this price zone become resistance? Finally, the macro backdrop may be challenging for SNAP given the weakness in growth stocks and the broader communications sector. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradingView is not affiliated with TradeStation Securities Inc. or its affiliates. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation225
SNAP With the current market conditions being weak, lets play that strength; which at the moment might be this bearish momentum.. $36.30’s breaking can lead to a bigger short to test previous longs at the $35 range, if the intentions succeed and they are shaken out, this can only head lower possibly sub $33. by KristianPumpz0
$SNAP EASY SHORT FINALLY BROKE!-We finally broke 38.94 -bit of resistance building up but we finally have a clear bounce off resistance -looking for potential weeklies down to 34.39 Shortby Ubaidy1000
Bearish short term setupSNAP failed to break the .5 fib retracement and the upper level of the descending channel. The boost from earnings weren't enough to get it done so I suspect SNAP will fall back down to the lower level of the channel or maybe even break it to fill to open gap. The inflation/Russia conflicts should also be a greater force pulling the general market down. I'll look to add a short position on Tuesday. This is not financial advice.Shortby Penny_Bags0
Snap's futureSnap performs quite well, despite the broad market weakness. I am seeing a huge opportunity here, but first, we might tank a bit more. Even to the P Pivot (36,03), and that will be a good entry point. If it gets below that, the picture will turn bearish. Support: 36,03 Resistance: 44,11Longby benedekdomotor2
$SNAP Key levels, Analysis & TargetsSNAP Key levels, Analysis & Targets Time frame D1 Bullish Divergences in MACD IndicatorLongby Mr_12Tails1
SNAP 30minSNAP seeing a inverse head and shoulders looking to break to the upside once we break the neckline in the 30min timeframe. by rngdtg1
SNAP GAP FILL SHORT -SNAP doing it's own thing up here after a massive earnings run up - Looking to hold puts through the week most likely -looking to scalp the way down Shortby Ubaidy1000
Snap Chat Falks!!Hello There, wasssaaap every bosy?? no need to explain,, my chart is just straight forward. Snap revenues are growing ya'll :) let's just pray Tiktok go to garbage good luck..Longby HunterVTreasure0
Been here many times beforeOh Snap, anything if not predictable. Done this song and dance before with SNAP, especially around earnings time. Can you see it? If not, check out the hourly chart and it will become clear. If we can manage to open around 39$, we will likely retest the 40s zone. From there is where I will likely enter short. There is the possibility it could retest 44 (I wouldn't hold my breath and I wouldn't bet money on it), but its unlikely. If it manages to break 42.13 then we can anticipate a retest of 44, but again, its not looking promising. Best of luck tomorrow everyone! Shortby Steversteves11111
Snap looking to go higher from here.Snap has closed the long time gap and with positive earnings it gapped up and now continuing in this direction. There is resistance at 44. Lets see how it plays that area. I am in at 37.65 with stop loss at 34.80. Will sell some into strength around 44. Longby thinkBig-trade111
TECH About To Get WreckedSNAP, NOW, MU, and QCOM are my largest current positions. Expecting lower gaps to get filled over the next few weeks. Not financial adviceShortby FiboTrader1441
Snap staged for a reversal?Snap has been trading mostly within a falling channel on the daily chart since Oct. 22. A falling channel is considered bearish until a stock breaks up from the upper descending trendline of the pattern.On Thursday, Snap was attempting to break up bullishly from the falling channel. If the stock does so, it will regain support at the 50-day simple moving average, which would mean longer-term sentiment has turned bullish. Snap began the trading day with an inside bar but quickly broke up above Wednesday’s highest price, which in Snap’s case caused the eight-day exponential moving average (EMA) to cross above the 21-day. Snap has resistance above at $43.26 and $47.92 and support below at $39.96 and $37.35.by AxiomEx111
SNAPCHAT STRONG BUYWe waiting the price go to 20.00 and when up to 25.00 that's point for entry, so we have some target and set it one by one . Every target we can get our profit or wait price up to 80.00 the last target !Longby forexdoctorsa0
SNAP | Short the greed Opened a short position just before market close and holding for a swing. Expected target is the next zone at the bottom but I will trail my stop as SNAP drops further. Shortby ChowskiPicassoUpdated 4
SNAP short playSomething I threw together last Friday. Learning analysis slowly but surelyShortby A_Prettyman0
SNAP DESCENDING CHANNELSnap has been in a downtrend and with the recent earnings it has Snapped back into the descending channel. If we see a (Break Out) it will most likely be a fake out. Starting a short position at this level, Stop loss is if the weekly chart shows Bullish trend reversal. Profit take at $34.52Shortby StockGuru13
SnapChat (NYSE: $SNAP) Charging Up The Chart Pre-Market ⚡Snap Inc. operates as a camera company in the United States and internationally. The company offers Snapchat, a camera application with functionalities, such as Camera, Communication, Snap Map, Stories, and Spotlight that enable people to communicate through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures video from a human perspective; and advertising products, including AR and Snap ads. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.by Bullishcharts15
$SNAP Big short opportunity -Will be looking to see how this gap fills now gaps can take years to fill or they can fill instantly -will be watching to see if we can break into the gap and profit off the gap fill -First PT will be 32.39 then after that we are looking to go down to 25.31 -For now keep this on watch no clear set up then no entry Shortby Ubaidy1002