Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. These patterns are usually preceded by a sharp advance or decline with heavy volume, and mark a midpoint of the move.
COMPANY: SNOW FLAKE
SYMBOL: SNOW
PATTERN: PENNANT
Yesterday, Snowflake (SNOW) , one of the most anticipated IPOs in recent history, hit markets. With names like Berkshire Hathaway and Salesforce getting in on the IPO, should you be looking at SNOW as your next big investment?
Snowflake Inc. is a cloud-based data-warehousing startup that was founded in 2012, and yesterday they hit public markets. So what exactly...
Fundamental Analysis: Off premises data base offer massive advantage as oppose to traditional cloud service, market is expanding, the fact that Warren Buffet is in should tell you something. Once SnowFlake could establish its market, potential earning is huge.
Technical Analysis: Firm support at $220 price range, price bounces back every time it approaches this...
IPO intraday trading strategy idea
Snowflake is a cloud software company.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $278,31;
stop-loss — $199,31
information about...
After doing my research i find that this stock is heavily overpriced comparing to many other cloud companies there is little opportunity for this company to be worth over 20 billion, current market cap 70 billion.
Evaluated at 12.4b in february of 2020 the current price seems highly unlikely to stay or even grow.
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Google (GOOGL), Amazon (AMZN), and Microsoft (MSFT) all have one thing in common: they are tech giants in the field of cloud services
In this analysis, I’ll be analyzing the fundamentals of Snowflake (SNOW), a...
I been waiting for the Snowflake IPO and JFrog IPO for a while. Weeks ago, when hearing about how much the proposed price for Snowflake could be, I already became bearish. The same happened with JFrog. Then they increased, and seemingly increased even more in price. Those who invested super early into the IPO on the trading floor or accredited investors who even...
Note how the pink line hits all of the candles. This is clearly a powerful bullish signal. It's practically the new TSLA, so get in while you still can.
