SNOW: Bullish case
Hello,
Looks like falling wedge pattern, this is bullish pattern.
Targets are marked, it might consolidate for a bit and then starts going up.
lower interest rates favors small caps and innovation companies, this was a crowd favorite, may be once again it can be favorite.
Just that 6 months to 12 months from 10Y-02Y inversion, economy might slip into recession.
Fed looks worried, may be something is broken in the system, we will know very soon.
happy investing
SNOW
Looks like falling wedge pattern, this is bullish pattern.
Targets are marked, it might consolidate for a bit and then starts going up.
lower interest rates favors small caps and innovation companies, this was a crowd favorite, may be once again it can be favorite.
Just that 6 months to 12 months from 10Y-02Y inversion, economy might slip into recession.
Fed looks worried, may be something is broken in the system, we will know very soon.
happy investing
SNOW Note
Still looking good
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