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, which had previously functioned as a support zone.
These developments suggest a favorable upward trajectory for the stock, with potential for further gains. It is advisable to maintain a stop-loss level below 180 to manage risk effectively.
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, which had previously functioned as a support zone.
These developments suggest a favorable upward trajectory for the stock, with potential for further gains. It is advisable to maintain a stop-loss level below 180 to manage risk effectively.