SNOW trade ideas

lauralea Updated 

I also see a flag like structure after a deep move to the downside which could be a channel up versus a flag. I will avoid this one for now. The trendlines are broadening and are no longer parallel. I find this pattern difficult as it may keep broadening or it may establish a megaphone with another touch or two, and just bounce back and forth between the 2...

Quantific-Solutions

As long as it trades above 163/165 zone, it is likely to stay bullish.

Vibranium_Capital

watching for clear break of trend support / 160 level, once these levels break we may see a test of 151.7-139-127

AwesomeAvani

NYSE:SNOW SNOW is looking like a good swing trade opportunity chart is showing a good AWE oscillator as is the Relative Volume. Ascent is consistently above the cloud indicator. This NASDAQ/ TECH stock appears ready to be traded or call option if the price is too high.

Aaron_Abraham

Break of Structure with Lower High Waited for Lower highs to be created after break of structure. Once lower Highs are created on 30min chart, wait for pullback. Once pullback is created on 15-30min chart, usually 1-2 candles. wait for continuation follow-though candle to buy puts. Follow through candle should be on higher volume or candle close whichever is...

eguerrero589

Hello traders, snow looks to be forming a H&S with a possible breakout tomorrow. This is my analysis trade it how you see fit. Happy Trading.

chris2372hayes

SNOow posed to break out either direction.. looking a little bullish. want to see it run into a supply zone then reject back down.

HX_Fund

Buy volume spotted at all time high on 26th May. Price range act as a support and we could see the next low was unable to close below the high volume day price range. High probability of a trend reversal with price supported above 50ema.

katblat

I am in SNOW. I love the company and the stock. I entered higher than 151.80 but will add if it back tests that hourly level. I like to make 10% on a swing. Stop set at 142.01 This stock is volatile.

Dseok123

Insane value at these levels... R+R is definitely worth it...

katblat

bullish falling wedge on the daily spinning tops at the bottom could be the reversal. the stock is volatile, i need some confirmation

BO_ZAID

We expect a change in the behavior of the downtrend by penetrating the trend

JARQ94

#SuakuFlowsWatchlist $SNOW P < 123.31 Only looking to play the downside on $SNOW tonight. Reminder that this doesn't mean it can't go up. I have more confidence in playing the downside. Also reviewed $BABA, $MRK, $AGNC and $GME. Scale out when comfortable.

DannyFoss

www.tradingview.com Another trade recommended by Gareth Soloway.

lauralea Updated 

Low today was 112.10 and buyers came in and pushed price up so far today. Price is well off the low today. SNOW is below the IPO price, well below it so new support will have to be formed. Right now there is no evidence of a strong support level underneath price. SNOW's financial metrics are very poor due to a high price to sales ratio and relatively low cash...

KonstantinGer

Fundamentally - nice growth dynamics. No debt. Increasing revenue and EPS. Overall bearish trend gives nice entry point.

supere

Let it snow, Let it snow, Let it snow! Is this just a wild guess, or is this a wildly overpriced hype company that's about to go down with the market?