Snapchat Technical Analysis July 19, 2017

Most of us who have been following Snapchat’s stock for a while have a good understanding of why the stock has been plummeting. One less thing to worry about is the lawsuit Snapchat was undergoing for anyone with losses over $500,000. The lawsuit deadline was yesterday July 17, 2017, but how much more will the stock drop?

Long term investors are grinding their teeth as Snapchat hit a new low of $14.63. Some of the latest news on the social media company has been very interesting, like the new Snapchat Publisher tool.

Entrepreneurs can now create their own ads and market their logos, their businesses, and themselves in a more efficient manner that fits this new age. That new feature is cool, but I can’t say the same for this next product.

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Tesla Technical Analysis July 10, 2017

Good News

After a tough week for Tesla (TSLA) some good news finally comes out. Elon Musk stated that the first 30 customers will be receiving their new Model 3 by the end of July. Musk also stated that they are expecting to produce 100 cars by August and 1,500 by September. The company’s goal is to produce 500,000 models by the end of 2018.

The new Model 3 is the cheapest car Tesla has ever produced, and the cool sleek design does not disappoint. At around $35,000 the Model 3 is the most affordable Tesla vehicle on the market compared to the other Tesla models. The Model 3 can also run 215 miles on a single charge.

Will this news be enough for stock traders to make a good profit from Tesla’s dip?

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