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just4tradin
Jan 16, 2024 11:58 PM

SNOW - 2x Potential  Long

Snowflake Inc.NYSE

Description

SNOW - wait for long entry for the pullback upto 160 ish, I wouldn’t short it though.

Long Entry - 160-163
Target #1 200
Target #2 250
Target #3 280

Comment

SNOW Train started little earlier than expected. Added some starter commons position on Friday and few more calls on Monday and Today.

Adjusted the projection to align with this move. No overhead supply/resistance until 230's, IMO.

Comment

If you are playing with short term calls, around 217-218 area secure some profits.

Trade active

Added some more commons here.

Took some lotto calls for a day trade, small size.

Trade active

Stopped out on lotto calls, held on the commons

Trade active

4th time is a charm.. 202 support cemented strong I guess.

Comment

Got stopped out, Will wait and see for a reentry.

Trade active

FOMC shook me out, Classic shakeout before big move.
Got back in this morning, not on FOMC dip, not on yesterday but today !!

Trade active

Inside day, added some 220c for the continuation to 220+

Comment

Mostly I'm gonna take a L and move on, will see how it opens tmrw.

CEO change news didn't fit well here.

Comment

Looks like SNOW found some resting stop here.
160 need to hold here, patience.
If 160 breaks, 130-140 can be possible
Comments
treytoyota83
It’s following your idea now. Nice bounce off $163 today
SabahEquityResearch
Great content
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