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SNAP INC CEDEAR EACH 1 REP 1 COM USD0.00001SS

SNAP INC CEDEAR EACH 1 REP 1 COM USD0.00001

9,460ARSD
+460+5.11%
At close at Apr 23, 19:58 GMT
ARS
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SNAP trade ideas

Symmetrical TriangleLooks to be breaking to the upside. No recommendation. A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope, with one sloping down and the bottom line sloping up. The lower line of the triangle, or lower trendline, can be thought of as the demand line, which represents support on the chart. At this point, the buyers of the issue outpace the sellers, and the stock's price begins to rise. The top line is resistance until price breaks the upper trendline. Throwbacks do happen frequently, and sometimes a symmetrical triangle will break to the downside, before turning around only to break the top trendline.
NLong
by lauralea
$SNAP Update - Position Up 12%, Important Price Level & Paths An update on Snapchat from last week, we have now reached the top of the bullish pennant formation, an important level to see where the market wants to bring this in the short term. Currently sitting on the top of the pennant, representing a resistance level, watch closely today and tomorrow to see where traders want to bring this. There are two path predictions I have for the short term, a green candle closing above this pennant would give me confidence for a breakout towards $70. The second path would indicate if the top of this channel acts as resistance, meaning the market would continue to consolidate within the channel and attempt to breakout at a later date. An answer for where this will go will likely be answered by the close tomorrow.
NLong
by chartxzy
$SNAP$SNAP $53.5 - 54 a solid candle formation into and above this area would be entry signal with contuining momentum upwards $58 - 59 area of interest #1 where i believe price could be rejected or held up, regardless approaching that level if trade occurs immediatley take half profits or could take full profits all roll 1/4 or 1/2 of the profits based off reaction of box it gets rejected go puts and if it doesnt go long $61.5 - 64 area of interest #2 where i believe price will forsure be rejected and short term trend/ the trade will for sure be over i could be wrong and i would love to in this situation but if not manage the trade accordignly
NLong
by takinprofitss
3
SNAP (Crackle) then POP ??I am late of this one. Nice Gartley Harmonic ( although I would have liked a deeper XA retrace) together with an AB=CD formation. The oscillator at the bottom has been quite good at calling price strength. The way I would play this is to wait for the current run to play out then consider a position at point D. (~$51) Use tight stops if you enter. Expected targets are shown. Don't chase. As usual do your own DD. Know that this company has and continues operates at a loss. Earning are in August. S.
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by Steve666
2