This past year, I shared many bottoms on names on my weekly WLs based on bottoming consolidation structures, mentioning a specific strategy as a reasoning for the trades. Aside from understanding price action, I used a simple method: Monthly inside candles/bars. ---------------------------------------------- What is an inside candle/bar? Inside...
🔹180 supported indicates a potentially POSITIVE reaction; a downward breach indicates a NEGATIVE. 🔹Technically positive for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe...
NYSE:SNOW This chart pattern of a 4hr H&S is quite prominent. So far so good if you're a bull you want to see this neckline hold. As the saying goes nothing is more bullish than a failed bearish move. If the neckline breaks it's trading back down to the 150s IMO. If it can hold I expect 190s to print. Based on the Modified Pitchfork I have if we chop around the...
SNOW stock is about to enter a consolidation state ! This chart shows the weekly candle chart of the euro against the US dollar over the past year. The graph overlays the recent bottom-up golden section. As shown in the figure, the euro against the US dollar hit its lowest point last month, just below the 2.382 level of the gold split, while its recent peak...
this overprice pltr wannabe should takea seat. lots of upside on this one if that turns out to have been accumulation targeting the previous highs isnt out of the question
-We are in a demand zone -Price has just stopped at the POC for our previous run-up -extremely high volume on a red candle with low/normal spread and bottom wick -next shelf of selling volume is in the $175 range. - We have formed a rather large double bottom on the (30min ) time frame. -Price is in an extremely high volume shelf that begun this previous...
- lets it Snow in April, or May( May be ) - its broken Resistance ( you can't hold me back baby ! ) - i will rise beyond 163 & above. you cant stop me. Happy Trading.. NYSE:SNOW - Trade within your Limits - Have your stop losses in place Happy Trading..
#SNOW NYSE:SNOW Long 📈Chart Pattern: Multiple Bottom 🫵Perspective: Long 💔Stop loss: Breaking $ 178 NYSE:SNOW $NYSE SKILLING:NASDAQ AMEX:SPY NYSE:DOW
Small allocation, tight stops. Will most likely get stopped out but nibbling here, Nasdaq will take a breather and it will be violent.
I am long on SNOW Based on my estimates I expect SNOW will touch to 200 first then break it above
(Un-)fortunately, we won’t rehash the story of Scarlett and Rhett, which took director Victor Fleming nearly 4 hours to recount. We will rather talk about Snowflake, which currently seems to be struggling though a snowstorm, fighting on toward the resistance at $203.62. We expect the share to gust above this mark to expand wave x in magenta before a counter...
Bearish on Snowflake ( NYSE:SNOW )! Our analysis suggests a possible decline to $167 or lower in the near future, considering its current price of $182.2.
Breakout and restest is done by SNOW lets see if we can cross 185 for longs.. seems like 200, 240 could be the targets by next quater.
SNOW on the daily chart pulled back from decent earnings to in a massive bearish candle down into its intermediate-term fair value zone near to the mean anchored VWAP and the POC line of the volume profile. It is entirely possible that many traders sold SNOW at its highs when they got FOMO over NVDA and needed to free capital to get more cash in their...
Snowflake on Wednesday reported first-quarter earnings that topped Wall Street expectations, but the company's product revenue outlook missed views amid slowing growth for cloud computing partners. The revenue climbed 48% to $623.6 million, the software maker said. Analysts had predicted revenue of $609.7 million. SNOW stock plunged 12.5% to near 155 in extended...
Ws often reverse at the end of the fourth leg. Right now this would be an Alternate Bat that may have terminated at the 1.113. The Bat terminates at the .886. I left the line dashed in case this leg is not complete. Bearish Harami today. Earnings 5-24 AMC. No recommendation 52 Week Range 110.27 205.66 Day Range 176.61 182.46 EPS (FWD) 0.59 PE (FWD) 310.77 Div...