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....
SNOWFLAKES has exhibited a series of notable breakouts, enhancing its bullish prospects:
Symmetrical Triangle: The stock has experienced an upward breakout from a symmetrical triangle pattern, followed by a retest of the breakout level before continuing its ascent.
Weekly Resistance: Additionally, SNOWFLAKES has surpassed a significant weekly resistance level,...
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at NYSE:SNOW ...
I believe this code is at a point of potential volatility.
If price can hold above $218.76 ... Bullish potential may be unlocked.
My key upside targets include:
- $250.35 (Conservative)
- $291.72 (Medium)
- $330.43...
Company Info:
Snowflake is a cloud data warehouse that can store and analyze all your data records in one place. It can automatically scale up/down its compute resources to load, integrate, and analyze data.
As a result, you can run virtually any number of workloads across many users at the same time without worrying about resource contention. Workloads can...
SNOW looking like it wants to break resistance that's been holding since August 2022. It's been making higher lows since then, and a perfect bounce off the 50 EMA has this set up nicely to fly through $200. Target is the volume area at $234.
NYSE:SNOW is looking to break through a major resistance price of $205 and start snowballing to the north of the charts. Targeting the $300 price which is the next major price level.
Snowflake has demonstrated remarkable revenue growth since its IPO!!
As businesses increasingly migrate to the cloud for data storage and analytics, Snowflake's innovative...
Snow seems a buyable company at this point, we just confirmed a weekly trend, we have a trend confirmed in the monthly timeframe and a potential trend which is not confirmed in the quarterly timeframe, which would lead to an uptrend until June 25'.
My Idea is to publish and share some Ideas for a longer timeframe, also for me to see how they play out - managing...
Across the daily, weekly and monthly time frames, stochastics is supporting a year-and-change saucer-like pattern breakout in SNOW shares. After a relatively terrible couple years versus large cap tech arena, Snowflake looks like a solid long / bullish trade candidate for collar traders imho
The price action of SNOW has formed a significant triangle pattern beginning in August 2022. In December 2023, the price broke above this triangle and is currently undergoing consolidation within a smaller triangle, delineated by yellow lines. Another positive technical indicator is the 'Golden Crossover,' where the daily 50 moving average (white) crosses above...
SNOW could be interesting if it can manage to break out of this range here. Will be keeping my eye on price. Been stuck in this range for quite some time now.
Long only if it breaks out
There is a multi year resistance around $205 for NYSE:SNOW
Signs I'm looking for:
Top of channel to become support, a bounce off there and a move into $220 should confirm that.
I want to see the SuperTrend indicator stay green, upwards of the level of where the red downtrend line exists.
SuperTrends on higher time frame charts work the best. It's often...
NYSE:SNOW has been suppressed compared to the rest of the AI stocks like CRWD, ZS, NVDA.
I think NYSE:SNOW will become a $400 stock most likely this year because there will be a FOMO rush on these companies once the SPX breaks this new ATH and makes a significant move up. If you time it right you could ride this thing to $400 but make sure it...
Snowflake Inc. is a cloud computing–based data cloud company based in Bozeman, Montana. It was founded in July 2012 and was publicly launched in October 2014 after two years in stealth mode. The firm offers a cloud-based data storage and analytics service, generally termed "data-as-a-service"
Multi-month base, potential breakout.
