There you go People, SNAP has to go somewhere....The Illumunati triangle has spoken, it shall rise. ALWAYS, ALWAYS TRUST THE TRIANGLE (and Illumanati)! Seriously though, The ST. is bullish. Just make sure you get it for cheap, and like always I will give you my best estimates!
This is just a prediction based on TA and TA only, TA is not a science... If you decide to go for the trade, do your due diligence.
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buy! not but lol....
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The reason is simple, FB lost its ad traffic, guess who will benefit <---- That's right SNAP, and TWITTER both good stock, just technically flawed. TWITTER came out of the gutter and this will too.
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Here it folks! The news is finally out to the public finance.yahoo.com/news/snapchat-bring-more-u-ad-141100966.html. However the ST. wants it at the lowest price possible. Hence, we go long from the bottom and never see the bottom ever again. The news about layoff, leaks and blah blahs, are just to manipulate this stock. If anyone missed my older trades, here is your chance to become rich! THE ST. IS BULLISH!
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I am not entering as long as it doesn't hit the bottom. Maybe this ER.
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If that's a W, I will buy after the breakout. Else I will still waite it go down.
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Here is my game plan. 12.74 seems like a good entry (use 50% of allocated capital) Avg down to 11.74 for a flash sell if it occurs. or buy more when it clears the next fib. Stop below 2% of 11.74