EuroMotif

SNAP eyes on $22.90 going into earnings: SnapChat to Do-or-Die

NYSE:SNAP   Snap Inc.
Assets have many Impulses in a lifetime, but only one "Genesis" Fib.
Genesis as in "inception", programmed with all of the DNA it will ever have.
That Impulse predetermines the "Growth Layers" that an asset must follow.

$ 22.90 is the next Golden fib, whose sisters above were clearly reactive.
$ 20.26 and 18.63 are Semi-Major ratios before the next Golden fib 15.99
$ 34.07 above will be the key resistance if we get a "good" earnings report.

.

I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess

.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.