Looks to me like social media businesses are coming under a little bit of pressure. The technology sector as a whole is also under pressure with the US/Chinese trade talk problems not helping. There will be a time to buy, when?
I see some people are struggling to get SnapChat to work on their phones:- https://www.independent.co.uk/life-...try-again-error-message-loading-a8920981.html On the other hand, the gender swap filter has become a worldwide phenomenon!
If you can time this one right you could make a fortune! Time it wrong and you could near enough lose the lot! What a traders dream/nightmare - can you call the turning trends?
Just when you thought Snap was dead and buried - a rally above a line of resistance on the graph. Interesting
This one keeps plugging away! Just when you think it is running out of steam, it shoots up again and we are off and running. Is there a viable long term business in here which might have value to a third party?
The move above $11.50 was the turning point. A breakthrough $15 and the shares could quite literally go anywhere. Interesting as to why they are so strong.
These look like a buy between $11 and $12 and could fly if they push past $14.50 - possible buy on a pull back.
I would suggest there is something going on with Snap shares as they are just too strong based on comments regarding trading conditions in the public domain. Might there be a takeover in the offing?
It looks to me as if trading is improving or there is indeed a potential predator sniffing around the company. At this moment in time I would rate Twitter as a buy on weakness.