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 trade ideas
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.
Snap stock analysisSnap stock analysis based on breaching level 59, flying to the specified levels. The stock is a good investment
WATCHING $SNAP - Key Levels and Analysis - UpdateWATCHING $SNAP - Key Levels and Analysis
Snap has some pretty strong downward momentum… I would not be surprised to see 40… In fact… that might be a good place to sell some puts… Thinking about it… maybe tomorrow.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your due diligence.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
SNAP longSNAP beat earnings, but had lower revenue and poor Q4 forecasts. Still, the bear move seems way low volume and all selling has been shallow since then. This is a buy imo. Supp at $54
Read here about earnings: finance.yahoo.com
💲 SNAP hitting big support zones💲we are 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 52 - price targets 62.2/69.4
SNAP LongUp Trendline touch
Entry 56
Stop 52
Target 70
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
OH $SNAP Baby!!!-Snap has been taking some serious hits but investors see this as an opportunity to buy in while its low bc they realize that snap has a short term problem that can be dealt with
-While many companies face labor shortages and supply-chain issues, pressuring the short-term marketing efforts, it is necessary to reflect on why Snap is so susceptible to these changes.
-Not too much info on how low she's gonna go but when she does bounce she'll bounce hard.
$SNAP Snap stock plunged Friday after the social-networking firm posted disappointing revenue growth and guidance that fell shy of estimates on Thursday.
The parent of Snapchat said its advertising revenue was hurt more than expected by Apple ‘s change in the rules surrounding advertising on mobile apps.
The miss weighed heavy on shares of other major social-media companies.
Snap (ticker: SNAP) stock was down 25% in Friday trading. Facebook (FB) was down 6% on the news, while Twitter (TWTR) was off 5%, Pinterest (PINS) had fallen 4.4%, and Alphabet (GOOGL) had slipped 3.4%. Snap is the first of the companies to report September quarter results.
For the third quarter, Snap posted revenue of $1.067 billion, up 57% from a year ago, and below the company’s guidance range of $1.07 billion to $1.085 billion. Adjusted Ebitda, or earnings before interest, taxes, depreciation, and amortization, was $174 million, well above its guidance range of $110 million to $120 million. On a non-GAAP basis, the company earned 17 cents a share in the quarter, beating the Street consensus of 8 cents a share.
The company said it grew daily average users in the quarter by more than 20% to 306 million.
Snapchat? More like "Gapchat"Overnight gaps, it's a double-edged sword.
No surprise here unless you're viewing it using a line chart.
Won't re-enter this trade just yet, but will keep it on my watchlist.
