Snowflake is a cloud computing-based data warehousing company based in Montana, named after the founders' love for winter sports. I like winter sports, and the ticker SNOW is aesthetically appealing in my portfolio. The trade setup was straightforward. The company IPO'd in 2020 at $220, and after one quarter that saw investors take price up above $400 per share,...
Check out what plays we are watching for this coming week! As well as a recap of last week's video! NYSE:SNOW On Snow we are looking for a break of the $279 level with targets of $280, $282 and $283 NASDAQ:BYND Nice bullish engulfing pattern after earnings. Watching for a break of $126 with targets of $127, $128 and $129
NYSE:SNOW Ascending Triangle Slow Turtle Buy Uptrend FiFT +ve Bull Recharge MCDX Banker Spike up Banker 87% Atom buy
I measured SNOW's monthly activity seems like there's a buy and sell pattern that is very obvious. The yellow lines indicate the trading days (weeks) of the month.
I have been watching snow since it’s been recovering from the sell off it had about a month ago. Anyway, I have been trading a lot of intraday bounces and my prediction of QCOM yesterday was similar to this. Nothing fancy just a bounce play that was confirmed with the level 2 data. I always look through the order book to get an idea of who is buying and...
Snow is right at the neckline. If it can break, then PT of 300 Else could see it fall back to 260 - 250
We can see how an inversed shoulder-head-shoulder is being created. If confirmed the price could go as up as aprox 290$. RSI does not show any interesting view, but we can see a down trend right there in the last few days; in this line, MA (9) is falling,but I consider is just momentum. Moreover, $SNOW is reaching to its floor, so it could activate buy alerts; in...
Bottomed out on 18th May 2021. Might be possible to hit 300 ? Strong volume at the shoulders support level.
SNOW - At 100 MA & holding at daily DZ, need to break trend line , target 273 upside at daily supply zone, stop loss if dropped below the current daily demand zone Try 6/18 - 270c - 1.3
Mid-term idea. Nice bounce back to the demand zone 210-220. Let's see how the price will act on these levels.
$SNOW, arguably the biggest beneficiary of the world transitioning to cloud, is on the verge of breaking out of its descending trendline.
We can see a nice resistance there, but the higher lows are in place, so soon we can see a nice breakout and way to the sma100. Would love to see it breaking
$SNOW showing signs of life after a downtrend * BUY signal fired on Ultimate Stock Indicator * Ripster EMA cloud turned green * Looking for volume for entry. To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile. 🚀🚀🚀🚀
We just broke out from the falling wedge. Bullish divergence points to this being a bullish trend reversal.
Video breakdown to $SNOW We are watching this AM. Has a potential reversal coming soon.
SNOW has been beaten down below IPO price and has completed a descending trend, looking to break out. A daily 8EMA to 21EMA crossover should indicate A bullish move towards some upside. Even if this move is just a corrective wave with more downside, the trend will push this to the .618 and decide what to do from there. Looking to add longs if it moves over 242.67...
SNOW measured move in equality into wave C support at about 212 is a buyable level. Look to establish LEAPs on SNOW expiring 2022. With stops below 200.
Description of thought process on the chart. Kinda 50-50 in confidence, since nothing in this market does what it's supposed to do :) Can fall back if fails 242 test, long if closes above 244. Let me know if you see different pattern/direction. Not an investment advice.