Snap Inc
Real-time BATS EXCHANGE - 03/23 09:58:10 pm

The technical configuration is deteriorating

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David Meurisse
Contributor / Partner

Strategy published on : 03/05/2018 | 15:47

short sell
Stop-loss triggered

Entry price : 17.82$
Target : 14.4$
Stop-loss : 18.33$
Potential : 19.19%

Shares in Snap Inc reflect a technical chart that has deteriorated, suggesting that the beginning of a tendency reversal is near, which could lead to a somewhat longer downward-trading phase.

● The company usually posts poor financials for mid or long term investments.

● For a short-term investment strategy, the company has poor fundamentals.


● The prospective high growth for the next fiscal years is among the main assets of the company

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock


● The company has insufficient levels of profitability.

● Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

● Based on current prices, the company has particularly high valuation levels.

● The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.

● For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.

● For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.

● The appreciation potential seems limited due to the average target prices set by the analysts covering the stock. 2018
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