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.

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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

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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
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