Snowflake Inc.
Updated

SNOW eyes on $155: Key resistance zone to break/resume DownTrend

410
SNOW with a nice bounce along with entire market.
Now at a key resistance zone that will determine trend.
Dual fibs that are both well proven to this is a big deal.

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Trade active
Shorts into Longs now in play
snapshot
(yellow shade area is from posting time).

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Zoom in to see Short entry
snapshot
Entered short on break below our resistance.
Closed fib at $129.22, although not bottom.

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Looking at the long entry:
snapshot
Entered Long on Break-n-Retest of our zone
Closed 50% of longs at resistance for 9% gains.

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What next?
snapshot
See if we can get to next target $181.37-182.23

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Trade closed: target reached
Final Target HIT
snapshot
(following up to last update and next Target projection).

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Closed all but 10% of position, with trailing stop.
Let's call this trade DONE and loon for next one.

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