SNOW setup is still valid. Price has held above the $280 demand zone.There was also a lot of unusual options activity the past few weeks. Here are a few notable trades:
SNOW $1,628,900 SWEEP $335 CALLS 02/19/21 635 @ $25.65
SNOW $1,352,614 SWEEP $330 CALLS 02/19/21 501 @ $26.99
SNOW $584,795 SWEEP $400 CALLS 02/19/21 805 @ $7.26
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
See my previous analysis here:
![$SNOW | Snowflake Inc: Bullish Falling Wedge Breakout [Update 1]](https://s3.tradingview.com/t/tcl7olFR_mid.png)
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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.