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Snapchat

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.
NYSE:SNAP
by Bullishcharts
SNAP: WHERE IS THE RESISTANCE AND SUPPORT?Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Snap Inc. (SNAP). The chart is self-explanatory. Death cross on the 1D chart recently occurred. RSI is above the resistance line with a possibility for a re-test. MFI is at the resistance line with an attempt to break out. SNAP's price touched the 0.618 Fibonacci Retracement level before coming back down. It will need to break the 0.618 and 0.786 level to continue the rally upwards. There is resistance with the EMA Ribbons and the top line of the Descending Broadening Wedge. Volume has picked up. Please review the chart for the remaining notes. Included in the chart: Trend line, Support and Resistance Lines, RSI , MFI , Death Cross, Simple Moving Average, Fibonacci Retracement, EMA Ribbons, Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have additional charts below on cryptocurrencies, stocks and more to review. Check them out! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
NYSE:SNAP
by MillionaireEconomics
3
$FB enter the metaverse*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team will dive into Meta Platforms $FB formally known as Facebook. Its stock price began declining September 14, 2021 when the company experienced scrutiny concerning unethical practices. Another company that has received similar treatment in the past is Google $GOOGL...they are now at all-time highs. $FB recently began what looks to be a reversal on October 28, 2021 when the company announced a change in their name from Facebook to Meta Platforms. They stated “Our company’s vision is to help bring the metaverse to life, so we are changing our name to reflect our commitment to this future.” Price has since increased from $308.11 to $345.30. My team holds no positions currently, but we plan to begin accumulating shares tomorrow morning. $FB share price may experience a temporary boost due to hype before earnings. If this occurs, my team will more than likely sell our shares before the release of earnings. Our reason behind this is that we think $FB earnings will not reflect a hyped up share price. The metaverse still needs time to mature before $FB can see any substantial growth from it. Earnings are expected to be released January 23, 2022, but this date is subject to change. Entry point: $345 Take profit 1: $420 Take profit 2: $460 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:METALong
by SimplyShowMeTheMoney
7
SNAP, 14 Jan. The End is your Friend.Snapchat has lost -54% from the highs in September, but there are signs of a (local) reversal. Let's see if we can pick up SNAP here. Geometry: Connecting the tops we can draw a channel. The median is confirmed by price action. SNAP approaches the bottom of the channel where we can expect a potential bounce. The green trend line gives an element of confluence. Elliott: We are able to count an unfolding ABC with wave v (in green) to be completed. The 38.2% fib level is below at $34. Oscillators: Stoch is oversold and due to move up. RSI has been in the oversold since Oct. and could retrace. How to trade it: The area between the 38.2 fib and the channel bottom gives us a good risk-reward ratio to speculate on a reversal. Because the area is large (34-37) we may choose our entry based on a candlestick pattern (reversal doji) or slingshot method, to have evidence of bulls stepping back in. Below 33 the idea is likely invalidated.
NYSE:SNAPLong
by UnknownUnicorn12250317
SNAP is where you need it be $SNAP price fell about 35% last week over earnings report. However this is just one more occasion the market is overreacting. Technical: We seeing support at $52 mark with a liquidity range just below at $48.5. This give a potential right-angled broadening formation. Typically this type of patterns have a 68% strike performance. The purple and green lines are the possible path the market/price could move/ take. Action: Buy first lot at $52.4. if the market is gracious enough to give 48.5 .. buy a second lot your first TP should be anywhere the price touches the red trendline (60.4- 63.6) Goodluck!!
NYSE:SNAPLong
by lexcel
$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.
NYSE:SNAPLong
by TheBlankFund