Snap Inc (1SNAP)

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Simon Chang 9 hours ago

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$8.69 now. At very upper area of $7.25 - $8.75 buy range. Wouldn’t go any deeper into long position but certainly hold, don’t sell. Wait for dip at around or below $8. Be prepared for your patience to be tested further. Believe bit upward move most likely 4Q2025 as SNAP management fails to impress, TikTok future remains in limbo, and emphasis is to steer investment dollars toward META by holding SNAP in pergatory. Note that any move below $7 (especially around $5.6) will likely be shortlived and is ultimate capitulation zone and is a strong buy in my opinion, unless SNAP’s current business fundamentals, which aren’t bad, suddenly takes a nosedive.

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Simon Chang 11 hours ago

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Adjusting recommended buy zone to $7.25 - $8.75. Buy more at lower end of range whenever possible. Good luck

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Simon Chang 11 hours ago

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If you haven’t vompleted buying you long position in SNAP, buying a little more now can help lower prices as algo works against you and further lowers price toward $7-8.5 recommended buyung zone. Buy only buy 5-10% of your desired long position and be prepared that price movement will be very choppy and frustrating to watch. Note that big C-suite insiders have and continue to sell at this prices. They aren’t particularly bullish on SNAP’s immediately prospects sadly. Good luck.

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Simon Chang May 14, 2025 10:29AM ET

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Appears to be another mind numbing slow drawdown to $8.50-8.75. Expect more of this for several weeks leading up to next TikTok ban reprieve extension date that is in June 2025.

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Simon Chang May 14, 2025 10:03AM ET

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Hold, don’t sell. But only buy under $8.5.

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Simon Chang May 12, 2025 2:40PM ET

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As much as I’d like to see SNAP move higher, appears the big players still in charge holding it down. Might be another prop up on stilts to sell call options and then smack back down eat them up. Climb may bot be sustainable without positive news; particularly clarity on TikTok ban. Use caution when buying and avoid margin/leverage.

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Crim Jamer May 12, 2025 12:30PM ET

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I missed the boat on bad execution.

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Simon Chang May 12, 2025 10:50AM ET

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These analysts beating this dead horse so hard with their negative remarks and downgrades it’s starting to come back to life. Hold tight and buy more under $8.5. To victory we march, one incremental cent at a time.

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Simon Chang May 12, 2025 8:09AM ET

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SNAP looking strong in premarket. At nearly $9/share. Hold tight and good luck.

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Simon Chang May 09, 2025 10:27AM ET

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Broke down again. Aim to buy in lower part of $7-8.5 buy zone in my opinion. Buying near $8.5 hoping for break out is risky unless youre long term holder and dont mind choppy trading.

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