Snapchat's first hour shareholders did not have much to laugh about since going public. Already 50% of your entry price has given up the stock and it wants to pay no strength so far. It is therefore still too early to buy in, because others should fight the way free. If these are successful, then we like to jump on the moving train and use the correction of a possible wave 2 on the trend channel. However, the prerequisite is that the wave 1, the search narrowing trend channel skips. In the chart you can see the tradingplan to benefit from the run-up.