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simonotheman
Apr 1, 2022 4:17 PM

SNOW short Short

Snowflake Inc.NYSE

Description

SNOW is making an ascending wedge on declining volume into a huge wall that is the downtrend line, the 50 day moving average, and the 240-250 area that served as previous support. Given the market environment this looks to be a good risk reward for a short position.
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