Building upon my last idea
Did a rough sketch with fib levels. I have an intuition SNAP will regain its place near its initial offering very soon. Just doesn't seem right that a company that is so ingrained in youth culture will not be able to profit in some way and it seems that even big companies like Amazon who started marketing on there last year are taking note. Combine this with growth patterns it seems like its ready to blow up.
It seems dramatic but like any harmonic oscillator, if you store energy in it long enough it has to dissipate somewhere and it seems like it will be in the growth if it follows a Fibonacci growth pattern like its been doing.
Feedback welcomed
ALL MONEY IN
Jeffy
Did a rough sketch with fib levels. I have an intuition SNAP will regain its place near its initial offering very soon. Just doesn't seem right that a company that is so ingrained in youth culture will not be able to profit in some way and it seems that even big companies like Amazon who started marketing on there last year are taking note. Combine this with growth patterns it seems like its ready to blow up.
It seems dramatic but like any harmonic oscillator, if you store energy in it long enough it has to dissipate somewhere and it seems like it will be in the growth if it follows a Fibonacci growth pattern like its been doing.
Feedback welcomed
ALL MONEY IN
Jeffy
Comment:
Other idea turned out a bit closer. Reversal near 5 fib and also another drastic point at symmetry point/earnings.
Related Ideas
SNAP NEXT QUARTER
DJ-Jeffy-J
about SNAP
Jeffy