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jvuonger
Mar 9, 2021 1:58 PM

$SNOW LONG Long

Snowflake Inc.NYSE

Description

SNOW has been beaten down to IPO price during this rotation out of tech due to rising interest rates.

Lockup Expired on 3/5/2021, which added to sell pressure.

It's currently sitting at bottom of channel and major support.

With any NASDAQ strength and renewed confidence in growth names, we can see this bounce BIGLY.
Comments
Prats91
lock up is ending on 3/15 not 3/5. We could see a bigger sell off for SNOW next week.
weamins
great chart! what kind of indicator you are using for ADX 14 14, I see some red and green triangles and some Xs..thanks
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