Long Snap for Yet Another 10-Bag

Updated
What can I say? I just love 10-bags.

Yet another tech Wave III. melt-up, take advantage because Wave IV.'s suck.

SNAP
Trade active
Well, it's a ten-bag if you buy here, for sure.

The report was a pretty solid beat imo, especially on the revenue end. Just tough timing with Nasdaq selling off into the close yesterday.

Analysts are all upgrading, snagging contracts for 8/7 (25 strike) is a steal atm. Unless it closes at low of the day, I am assuming the bullish trend is in tact and this is still a certified 10-bag.
Trade active
Call me crazy, but I also firmly believe that this can close in the green today.

45 million in volume already = an ungodly squeeze could be coming.
Trade active
Not my best call of all time, but it might just be that the timing is wrong and the bag is there waiting to be claimed.

Will keep this open unless there is a broad selloff. Even in a sideways market, I would still consider holding because of how flammable this thing can get in an instant.

Earnings were more than decent as well.
Trade closed: stop reached
Chart Patternssnipsnap10baggerWave Analysis

Disclaimer