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...
Ran into Supply Zone, not fresh zone. next Earning 5/25/2023 Short Sell 171 Stop 180 Target 125 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
textbook flag at bottom, can gain momentum above 164.00 resistance
We can see that after the price consolidate 148-150 area, we could go to the next R= 158... Waiting for confirmation: Entrance: 148.46 or above Target Profit: 158.15 StopLoss: 136.92
Price is testing the upper vortex of the triangle with lots of volume. Looks like wants to break out the one year consolidation. It may pullback a little bit but it may not.
SNOW testing the wedge support once again. Move up rejected at the VWAP from recent high.
Support at anchored VWAP from recent low and at bottom of wedge. Will stop out tomorrow if the support breaks.
It is essential to exercise patience and caution in your trading strategies. One such approach is to **allow the market price to come to you, instead of chasing after it impulsively.** In the case of NYSE:SNOW , **puts below the 135 zone and calls above the 148 zone.** However, it is imperative to exercise restraint and not rush into any day trades or swings...
I have been watching SNOW on hourly chart for a week. This week it is just trading weekly S3 pivot (camarilla) My rsi strategy triggered buy earlier and now it triggered add position There is divergence in momentum ( bottom indicator on the chart) , price is coming down near S3 , but momentum indicator is going up Momentum indicator also has squeeze feature(by...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 142/61.80%
- SNOW A is in a falling trend channel in the medium long term. - SNOW has broken a resistance level in the short term and given a positive signal for the short-term trading range. - SNOW is testing resistance at 150 become support. - This could give a negative reaction, but an upward breakthrough of 150 means a positive signal. - The stock is overall assessed...
It might be gearing up to hit 230 in 3 months. It must stay above 125 on a weekly basis.