Over_Waves

Long set-up for SNAP wave 5

NYSE:SNAP   Snap Inc
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Beautiful impulse forming on the LTF of SNAP. Wave 3 is done and I would be expecting it to finish a corrective move, either a basic zig zag or a potential triangle which is very typical for waves 4, in between the 382 and the 50 fib. I will be looking at longs towards the algo target very very soon.

Lovely chart ;)