Snap Inc.
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SNAP - Charting the upward velocity

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Using a trend based extension, this chart looks at the upward velocity snap has shown around since last ER. The push that sent it past $10 was an analyst upgrade. It seemed to me that they weren't really pushing the advertising platform. The recent announcements about entering the gaming space made sense as they are going to pursue that to bring in the revenue.
Nota
This trend extension tool is very interesting. I would appreciate any feedback on the placement I used to create this chart. I tried to use low levels, only one of the 3 levels that set this trend is post-ER as well, which was a big deal for this stock.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.