SNAP just reported earnings and skyrocketed to new highs. It has now reached parabolic levels and has super exceeded its upper bollinger band, to where its not even in the ballpark. This tells me that this is going to sell off and is only going on momentum at the moment from day traders. Typically in SNAP's history it sells off in the other direction if its overextended after earnings. I suspect it will come back to the $35 this week.