I was lucky my SNAP shares day order to sell was not filled.
The reason for the order was about 40% profits in relatively short time of few months. I did not even bother to check the chart. However, on checking the chart after market close, I learned that the share price has been on an Ascending Triple Top Breakout, since 11-July-2023.
Accordingly, the share price appears to be just on the right path quite likely to head to higher levels.
Have day order to sell at $13.80
This looks like it has the potential to go higher.
The Weekly confirmed the uptrend in the Dailies for after the Dailies was up-trending in 11 sessions.
Profits so far 26%. I will shift my trading guided on 10/20 crossings for entry and exiting. Need to generate some funds. Have fun and GLTA
The Weekly finally confirmed the Dailies in the UPTREND... after the uptrend of the Dailies for 9 sessions!
Better late than never. GLTA
Impressive up move in price today.
The Weekly confirmed today the uptrend that the Dailies have been in, in the last 8 daily sessions.
That gives me a clue that higher prices may be coming in the path to $12, and possibly higher.
I was about to sell and take my profits (22%) in few months. GLTA
Nice. I’m not fancy enough for options. I just buy them. This is renouncing nicely
Already in the money at today's price. More will follow. GLTY
Lock him up
It’s coming …..
Good news. Share price Double Top Breakout today on 10-May-2023
On May 2nd the shares price had a Descending Triple Bottom Breakdown. Furthermore, the Dailies and Weeklies are now both in Downtrend. It is yet questionable as to the bottom at this time. Given the worsening environment with the banks and the macros, probably we could have lower prices. We shall see. I'm not eager to add more shares, yet. GLTY
Got some 7’s. Let’s see 11 now lol
Almost got some 7’s. Maybe tomorrow. I think the target is $7.50
The market can do anything. I think any price that is lower, imo, would be a good time for buying or adding shares, for the long term.
Today, a reminder of what drives the stock price. It all depends on the news of the company and not what the chart based projection(s) may be.
My amzn and googl shares had jumps in price today. Such is life in the stock market. I hope you catch at $7. I buy usually in steps anyway.
Cheers and GLTY
We gonna see $7’s?
SNAP appears to be consolidating within a longer-term downtrend. The Average Directional Index, or ADX, is below 20, indicating that shares have traded sideways recently. However, the 200-day is still sloping bearishly lower. Comparative Relative Strength analysis shows that this issue is outperforming the S&P 500.
Momentum for SNAP is strongly bullish. The 14-period Slow Stochastic Oscillator is rising, as investors pay higher prices for shares.
Today's volume is on track to be heavier than usual, with 25,604,937 shares having traded so far. The On Balance Volume indicator (OBV) shows that longer term accumulation has given way to near term selling pressure by traders.
Volatility, measured using the width of the Bollinger Bands®, is low. Periods of low volatility tend to precede price breakouts, although they do not provide information as to which direction the breakout will take. Trend and momentum indicators can be helpful to measure future trends.
As of 1:13 PM ET Thursday, 03/23/2023
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Oops! looks like your comment might not be right.... lol.
Curious question, did you get back in on that "bottom bounce"? If so, congratulations.
Snap stock dives around Q4 earnings beat, slight revenue miss
The Age of Social Media Is Ending
In for earnings
Thank you, I wish I knew sooner...
This uptick is purely algorithmic. Do not get sucked it. This dumpster fire has to beat Apple policy to allow advertisers to use consumer data again to be more appealing to marketing strategies. Otherwise, down it will continue to go. A market wide correction with more downside to follow.
Yep, cheapies were SNAPPED UP today... EZ Money was made today!
Next quarter users may be done some or revenue but that applies to most us corporations