Holding monthly VWAP's lower standard deviation band...monthly VWAP sitting at $11.71 currently. Big earnings tonight from %AAPL and $AMZN which could definitely change this in a hurry but for now, as long as we see the lower band hold at $9.48+ then over the next week or two could see a squeeze up to mid $11s before retracing lower trying to find more support....
Snapchat has fallen 38% on its earnings report. I am going long here with the idea of a rebound to previous support level at 12.0 Entry: 10.0 Stop: 9.5 Target: 12.0
#Snap/USD Technical GAP Chart Analysis:- $SNAP currently trading around $10 which is -38% Down in past 24 hours. It’s very Big Dump in stock Market. And $SNAP already -88% down from Recent All time High within 10 Months. It’s also Bear Market for $SNAP Chat. As Per GAP Chart Majorities all GAP has been Full filled but 3 GAP still pending. 2 GAPs are Upper side...
Yesterday, SNAP posted a negative earnings report that missed both the top and bottom lines. The overnight was devastating, as SNAP surrendered more than 30% of its marketshare. Now, there is a key area in view: GAP, $11.90-$11.11 Here's the trade: 1) Ahead of today's close, buy from $10.00 2) Profit target @ $11:50 within the GAP 3) Stop Loss beneath today's...
Had to go down to low tfs but if u look left we clearly in a buy zone More down before up tho probs GRI 2022 Forks, pivots, fibs
SNAP is entering a gap fill area. Could see $20 very quickly. Does report earnings tonight, so gotta be careful
$SNAP is hovering at the bottom end of its last quarter earning gap. Good numbers can easily see the gap being filled towards $21 area. On the downside the previous low of $12 will be key level
PINS is so close to breakout. With SNAP ER on Thursday, PINS can be a sympathy play. Can take JUL 29 22C. If we get a good push before SNAP ER, try selling half and riding other half into ER. PT’s : 22, 23.06, 24.10
Looking at the options chain today, i would buy the $15 calls with 2022-11-18 expiration date for about $2.55 premium. Looking forward to read your opinion about it.
after a downtrend we had a breakout of the ''VWAP'' and the ''Trendline'' which indicates a return of an uptrend
If snap can break 15.88 resistance We are in for some big money calls all the way up to 21.67
Snapchat has fallen ~80% from all time highs, slipping below $15 support. A short to $10 looks nice from the current level.
Snap lost over 80% since September 2021. Recent price drop..they basically said they won't make earnings. Support zone between $4.90-$8.00. If price drops below the $4.90 price it might start getting sketchy. If we see a gap fill, I expect to see some resistance going through $27 zone. Ultimately I can see the stock go between $40-$48 long term. I'll probably...
According to my chart analysis , Snap Snapchat Show strong signal to buy , buy max as you can .
$SNAP was the worst performer social media stock this week after it lowered guidance for the current quarter. Yesterday it managed to enter the recent gap as the price moved above $14.57. As long as this level holds, one may try a long swing position if the overall market continues to grind higher.
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts... Disclaimer
SNAP has bottomed out here. First target I expect is $47
Us it time to go long and shoot for the Monday/Tuesday GAP ($21.71-$14.57) in SNAP Inc.? Perhaps. It looks like the short-term bearish push may be over Here's the trade: 1) A market buy from $14.50 2) Profit Target, $17.00 3) Initial Stop Loss just beneath $12.00 4) Payoff is 1:1 for $2.50 (17.2%)