I can see a Long swing trade opportunity in SNOW.
Stock is in downtrend, but recently it shows a fading wedge pattern towards the long term support with reduced volume showing loosing interest of sellers.
And recently breaking out of the wedge hinting a reversal pattern and provides us with a Long opportunity.
CMP : 128
SL: 120
T1: 143
T2: 168
Stock is in downtrend, but recently it shows a fading wedge pattern towards the long term support with reduced volume showing loosing interest of sellers.
And recently breaking out of the wedge hinting a reversal pattern and provides us with a Long opportunity.
CMP : 128
SL: 120
T1: 143
T2: 168
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.