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Silvestrov
Dec 28, 2020 3:27 PM

No snow for Snowflake Short

Snowflake Inc.NYSE

Description

NYSE:SNOW is one of the most overpriced companies you can find right now.

After post IPo rally, stock is struggling lately with poor relative strengh to Nasdaq.

Potential breakdown of Head&Shoulders gives potential for new lows at $200 right now.

However, its not low risk entry idea, so prepare for some volatility.
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