I bought some stocks and options
Here are some reasons:
1. SNOW tried to break 200-210 last 2 years and now is the second time we broke and hold
2. Major last level was 211.50 and we need to hold and close above
3. Next level and target - 250$, I ll close my options after 50% and 100%
4. We are above 200 emas
5. We crossed 8/34 emas at 197$
6. Earnings 02/28
7. Tech stocks are pumpin so think some money will rotate to Snow
Here are some reasons:
1. SNOW tried to break 200-210 last 2 years and now is the second time we broke and hold
2. Major last level was 211.50 and we need to hold and close above
3. Next level and target - 250$, I ll close my options after 50% and 100%
4. We are above 200 emas
5. We crossed 8/34 emas at 197$
6. Earnings 02/28
7. Tech stocks are pumpin so think some money will rotate to Snow
Trade active:
I still think its very sexy setup
today all of the tech weak but SNOW find the bottom and stronger than the market
today all of the tech weak but SNOW find the bottom and stronger than the market
Trade active:
Will hold till 02-27
Trade active:
I closed 75% position here
Trade closed: target reached:
232 was my target on that name