BBTrader29

SNOW Round down

Short
NYSE:SNOW   Snowflake Inc.
SNOW looks like its heading back down to support at the 270 level, its under the moving averages and is got underneath its downward resistance. A rounding formation has developed on the daily, and looking at the hourly it has the potential to make another leg down to test support again.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.