SNAP very overextended, looking for ABC retracement to 21

Very very overvalued on SNAP, definitely needs to correct massively on a macro scale, looking for an ABC retracement to target region around 21. An alternate count could also be placed with a 12345 macro count being developed with a bullish target around 45, but I do think that the technicals need to correct. Copyright Rohan Karunaratne 2020