setting up for a big breakout imo 🍿

NYSE:SNOW   Snowflake Inc
snow stuck between trend resistance and trend support at the moment.

We will continue to be stuck until we see a clear breakout past one.

if we break above my targets are 378.63-405, considering all the bullish flow.. this is most likely going to be the outcome in 2022.

but a break below will send us to 287.98-273.3

If you are long its smart to use trend support as stop loss.

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Comment: Seems like it’s leaning towards a break below support. That would make it bearish in short term. I’m surprised!
Comment: intraday we broke below my trendline support, but by the close it was right a above and reclaimed support. It Will be interesting to see how it plays out in the next few weeks!
Comment: Snow puts up 350% today if you were playing a break of my trendline support :) simply amazing !

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