lauralea

Cup (s) and Handle Earnings 12-1/AMC

NYSE:SNOW   Snowflake Inc.
The smaller cup has formed a handle that is well defined. I do not deem to place a handle on on the larger cup as earnings are very soon and it does not appear to be well formed at this point. If you see one, label it and go for it (o: I do not like to place a handle low and then watch price go past it. Earnings a bit too close for me right now )o:

Price is over long entry level for smaller cup (purple) but not for larger cup (white). I calculated targets for smaller cup. If you are interested in the larger cup, then long entry is 429.10, or whatever you think may clear the high of 429 at the left side of the cup. You can use the depth of the cup to calculate targets and project those targets from long entry level.

Both cup lows are 184.71.

Good luck.

No recommendation
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