Snap Inc (snap) Has No Friends At The Minute!

Discussion in 'Investment Charts' started by longtermbull, Jul 18, 2017.

  1. gowiththeflow

    gowiththeflow Senior Investor

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    This one is starting to climb back up the ladder - interesting chart, seems to be a level of consolidation above a support line :)
     
  2. Buyonthedips

    Buyonthedips Senior Investor

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    This would have been a great buy when it was all doom and gloom - how low did it go? I thought it went lower than the $9 shown on the graph?
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    I still think this would make a tasty morsel for someone :)
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    I still think this one is a buy - every move upwards is brought back by sellers the lows are moving higher and higher. Once all of the sellers have been taken out, this one would really motor.
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    That looks like a very positive graph to me - slowly but gradually moving higher and higher :)
     
  6. Buyonthedips

    Buyonthedips Senior Investor

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    Are we seeing a breakout with this one - just broken through a trend line. Looks like $17+ is the next resistance. Interesting!
     
  7. Chartman

    Chartman Senior Investor

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    Next stop $17+ with a very strong chart.
     
  8. gowiththeflow

    gowiththeflow Senior Investor

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    Since it broke through $15 the shares have gone up in a straight line. Back into new ground now - no resistance - where will it stop?
     
  9. longtermbull

    longtermbull Administrator Staff Member

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    If I didnt know better I might begin to think that SNAP has become a takeover target ;)
     
  10. gowiththeflow

    gowiththeflow Senior Investor

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    I see there have been a few director sales this month (Jan 2020) - lock in period over or taking advantage of the share price rise?
     
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