SNOW
Snowflake broke out from the stage 1 and is currently entered stage 2 - the uptrend. The measured move for the base break out is $273 with $251 being a critical resistance.
It is hard to justify chasing this stock at current level.
An ideal entry would be around $194.
Would you chase?
Upside targets:
$240
$251
$273
Downside risk:
$194