Super Microcomputer is on hard run up trend- at its all-time high, this stock is demonstrating a high tight bull flag pattern. In a massive move SCMI is up 180% YTD five months so on pace for 400% annualized. Most experts expect more of the same. It is currently resting in consolidation ( the tight channel of the pattern) The zero-lag MACD shows the...
If you haven`t bought the dip on SNOW: Then analyzing the options chain and the chart patterns of SNOW Snowflake prior to the earnings report this week, I would consider purchasing the 230usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $22.10. If these options prove to be profitable prior to the earnings release, I...
The SNOW share has experienced a surge over the past two weeks. In line with our primary scenario, the magenta-colored Target Zone (coordinates: $222.85 - $257.63) was reached. In this range, the wave of the same color (x) should now soon establish its high, whereupon a change of direction should take place. The Zone can be used accordingly to enter short...
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.
NYSE:SNOW is looking to break through a major resistance price of $205 and start snowballing to the north of the charts. Targeting the $300 price which is the next major price level. Snowflake has demonstrated remarkable revenue growth since its IPO!! As businesses increasingly migrate to the cloud for data storage and analytics, Snowflake's innovative...
Thank you as always for watching my analysis on SNOW. Please feel free to like, share, and comment on this post.
Simple pattern requiring a little patience in order to have proper confirmation before entering. Would like to see a higher low/shoulder formed then a bullish candle pattern signaling potential upside.
Hello TradingView Family / Fellow Traders, ❄️ NYSE:SNOW has been stuck inside a big range in the shape of a symmetrical triangle. 🏹 For the bulls to take over from a long-term perspective , and the Markup phase to start, we need a weekly candle close above the 210 resistance. Meanwhile, as SNOW approaches the lower bound of the triangle, we will be looking...
Snowflake Inc. (SNOW) having come off significant channel support, is now approaching meaningful resistance, able to absorb weekly selling pressures. From here (SNOW) can fall back to channel support, eliciting losses of 20% over the following 1 - 2 months. A weekly settlement above resistance would lead to a buy signal in (SNOW) where gains of 20% would be...
If you haven`t sold SNOW on this Head and Shoulders Bearish Chart pattern, on Disappointing Growth Forecast: or reentered here, ahead of earnings: Then analyzing the options chain and the chart patterns of SNOW Snowflake prior to the earnings report this week, I would consider purchasing the 145usd strike price Puts with an expiration date of 2023-8-25, for a...
SNOW on the 4H is seen trending from from earnings in May with the great top line and okay bottom line with a big uptrend into a sideways wide range channel. It is now low in the channel but still above the long term anchored mean VWAP which is the logical stop loss for any long trade setup. Confluent support is the POC line of the visible volume profile with...
🔹180 supported indicates a potentially POSITIVE reaction; a downward breach indicates a NEGATIVE. 🔹Technically positive for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe...
SNOW stock is about to enter a consolidation state ! This chart shows the weekly candle chart of the euro against the US dollar over the past year. The graph overlays the recent bottom-up golden section. As shown in the figure, the euro against the US dollar hit its lowest point last month, just below the 2.382 level of the gold split, while its recent peak...
this overprice pltr wannabe should takea seat. lots of upside on this one if that turns out to have been accumulation targeting the previous highs isnt out of the question
#SNOW NYSE:SNOW Long 📈Chart Pattern: Multiple Bottom 🫵Perspective: Long 💔Stop loss: Breaking $ 178 NYSE:SNOW $NYSE SKILLING:NASDAQ AMEX:SPY NYSE:DOW
Small allocation, tight stops. Will most likely get stopped out but nibbling here, Nasdaq will take a breather and it will be violent.
(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...
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...