tacosaucewalkin

Extremely Simple SNOW Long-Term Trade/Investment

Long
tacosaucewalkin Updated   
NYSE:SNOW   Snowflake Inc.
Extremely simple trade. SNOW is experiencing some price adjustment after experiencing a great rally for a few weeks. A classic "buy the dip" opportunity!

I plan on doing two things once the SMI shows a bullish crossing:

  • Purchase shares for my long-term investment portfolio
  • Far OTM bullish put spreads w/ 2 month or greater expiration (depends on premiums)


Hope you enjoy this simple trade idea! Don't forget to follow and like, as I post trade ideas daily.

Happy trading!
Comment:
Bought shares for my portfolio at $332.60

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