SNAP- Snapchat- Is it good time to buy?
I don't follow SNAP but somehow I stumbled upon the chart. It seems to offer pretty good risk-reward situation.
1) There was a strong U Turn signal few days ago. The stock turned around on heavy volume.
2) Now the stock is facing a resistance/selling pressure around $14.
The plan is to ride it WHEN it breaks above 14 with a stoploss of $1.
 |
| SNAP Time to buy Update: It reached a high of around $17 in next few days.  |
Showing posts with label best buy. Show all posts
Showing posts with label best buy. Show all posts
Friday, August 18, 2017
SNAP- Snapchat- Is it good time to buy?
Wednesday, July 12, 2017
Ford F - Stock seems relatively risk free to invest
Overall market is blooming/booming but on Ford Motors stock.
If you look carefully, there is a pretty rounding bottom formation. I think it is a great candidate from investment perspective.
Buy at current level around $11.50 with stop loss at just below 52 week low $10.74. (Chart: courtesy of http://tradingview.com
If you look carefully, there is a pretty rounding bottom formation. I think it is a great candidate from investment perspective.
Buy at current level around $11.50 with stop loss at just below 52 week low $10.74. (Chart: courtesy of http://tradingview.com
Subscribe to:
Posts (Atom)