Snap stock rises after slew of new product announcements, but analysts remain wary Snap unveiled a host of new products on Thursday, including a new gaming platform and advertising network for more revenue opportunities. Some analysts remain wary of Snap's ability to monetize its new products and solve existing problems at the company. Snap's stock price has nearly doubled in value in 2019. https://www.cnbc.com/2019/04/05/sna...rtising-network-and-gaming-announcements.html Investors seem to be excited about the new gaming platform
Snap entered the Ichimoku cloud. So it's likely to reach its upper limit. But stochastic and RSI are already overbought. So at the upper border, possibly with a puncture, there will be a downward correction. Total: now buy, but near 13.40 sell. Weekly.
lol that was quick- back out this morning and thought i'd get more around $10.65 but right through that & $10.50 support so back on watch
Snapchat seems to be working with @Shopify to integrate e-commerce into the app https://twitter.com/wongmjane/status/1128045324939874304
I don't know what kind of pictures you're talking about. Up 7.8% today, currently 2x normal volume. No news, just that Twitter account of a data miner.
Snapchat has become a content creation tool for Instagram and Twitter users https://www.theverge.com/tech/2019/...iral-trend-instagram-stories-twitter-facebook It’s arguable that Snapchat stopped being culturally relevant when Kylie Jenner declared it dead and Rihanna disavowed it. This past weekend, however, it seemed like everyone was re-downloading, reopening, or trying out Snapchat for the first time in years. The cause was two new Snapchat filters, which allow users to look at gender swapped versions of themselves by adding traditional masculine features (beards and short hair) or normative female features (makeup, long hair, and a softer complexion).
Snap broke through the local maximum and moves up. Stochastic is below the level of 80, overbought zone. The RSI enters the overbought zone, which speaks rather in favor of an upward movement in this situation. We buy from the pierced level 16.24. Weekly
