Snoflake [SNOW] Wyckoff Bullish Patterns
Very fundamental company. The last consolidation after very large drops is a good prognosis for an upward exit. It is necessary to focus on Wyckoff Wave Volume, which decreases at the bottoms. This means a decrease in selling pressure. There were two shafts with a very large purchase volume and a wave marked with volume 200. It was a very large sale that did nothing to the price. This sale was absorbed by buyers.
This security has typical accumulation features. In my opinion, it is on BUY with a target of $ 140/150
For more analyses using price and volume and the Wyckoff method, subscribe to the profile
This security has typical accumulation features. In my opinion, it is on BUY with a target of $ 140/150
For more analyses using price and volume and the Wyckoff method, subscribe to the profile
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