Snowflake Inc.
Long
Updated

SNOW Bounce Off 50 EMA into Resistance on the Daily

177
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.
Note
Up up and away. Great relative strength!

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