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SWRLS

SNOW Bounce Off 50 EMA into Resistance on the Daily

Long
Snowflake Inc. (NYSE:SNOW)  
SWRLS Updated   
NYSE:SNOW   Snowflake Inc.
Support and Resistance Trend Lines Moving Averages SNOW resistance_level breakouttrading
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supportandresistance trendline movingaverage snow resistance_level breakouttrading
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.
Comment:
Up up and away. Great relative strength!
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