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vf_investment
Mar 28, 2024 3:39 PM

Snow long position Long

Snowflake Inc.NYSE

Description

Hi traders,

The price has been in the range since July 2022.
The support has held strong but the resistance at 190 $ has proven to be a key level as well.

We expect the price to retest the support again which could be the entry for the long position. After that l think SNOW will move up again and will try to break the resistance.
Target for long; 190 $
Of the price breaks below the key support, the long position should be closed.

good luck

Comment

On the way down. Wait for the entry
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