snap excitement
By:TradingView
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So interested in seeing how this plays out. Snap is extremely undervalued in my own opinion. think price moves lower, but if you have the patience to see how this pans out, have at it.
institutional valuation marks prices at 6$, which is fair. If 6$ is the play, then i really think we first go to 3$ first in order to make that 100% swing, and then to 8 and maybe back to 15 long term. It is crazy to see this current valuation for snapchat now, and i think it is a twice in a life time opportunity to get in, but we wont be too sure yet until we see things pan out a certain way. Earnings would be fairly interesting to see coming up soon and ill make another post on snap after earnings .
cheers
institutional valuation marks prices at 6$, which is fair. If 6$ is the play, then i really think we first go to 3$ first in order to make that 100% swing, and then to 8 and maybe back to 15 long term. It is crazy to see this current valuation for snapchat now, and i think it is a twice in a life time opportunity to get in, but we wont be too sure yet until we see things pan out a certain way. Earnings would be fairly interesting to see coming up soon and ill make another post on snap after earnings .
cheers
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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