$SNOW is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Snowflake is a cloud software company.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $278,31;
stop-loss — $199,31
information about take-profit will be later
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
IPO
$STEP is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
StepStone is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $25,04;
take-profit — $33,05;
stop-loss — $22,37.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Snowflake (SNOW): Everything You Need to Know Before the IPOIf you like this analysis, please make sure to like the post!
I would also appreciate it if you could leave a comment below with some original insight.
Google (GOOGL), Amazon (AMZN), and Microsoft (MSFT) all have one thing in common: they are tech giants in the field of cloud services
In this analysis, I’ll be analyzing the fundamentals of Snowflake (SNOW), a startup that is about to challenge the Big 3 very soon.
About Snowflake
-Snowflake submitted their IPO documents to the SEC in August 24
- Snowflake is currently the fastest growing startup in the cloud industry
- The company consists of ex-developers from Oracle (ORCL)
- Founded in 2012, the company currently has about 1400 employees.
Company Valuation
- The company was valued at $12.4 billion in February 2020
- One thing to note from this company’s valuation is how it skyrocketed throughout time:
- In January of 2018, the company was valued at $1.5 billion
- By October 2018, the company’s valuation popped to a whopping $3.5 billion market cap
Investors
- Its main VC investors include: Sequoia Capital, Altimeter Capital, ICONIQ Capital, Capital One Growth Ventures, and Shutter Hill
- Venture Capitals have collectively invested $1.4 billion into the company so far.
- The fact that Warren Buffet is willing to bet big on this company’s IPO also acts as bullish stimulant, especially knowing that Buffet is famous for his dislike towards tech stocks.
Financials
- Snowflake shows stunning revenue growth
- Their 2020 Q2 revenue hit a staggering target of $133 million, demonstrating a 121% year on year growth
- Compared to their counterpart Datadog (DDOG), whose Q2 revenue showed a 68% yoy growth, it could be said that Snowflake’s revenue growth is massive
- While their financials are still at a net loss, their losses for the first half of the year was at $171.3 million, which is a $6 mil reduction compared to that of last year
Business Model
- Snowflake has been building a data warehouse since 2014
- They offered a virtual data lake between cloud suppliers and a company’s program/application
- This allows clients to easily approach massive amounts of data quickly
- With the shift from on-premise to cloud services, more and more companies enter the cloud service industry as clients
- Snowflake is also attempting to make a transition from a warehouse to a platform.
- This is because Snowflake is available for use in Amazon, Google, and Microsoft’s public cloud in 22 countries.
- Essentially, it acts as a platform that connects different cloud services, making the access and transfer of data from one cloud to another easy
- Through Snowflake’s platform, the operation of a data cloud is possible.
- This essentially means that the conventional on-premise, infra clouds, and app clouds can have access to, share, and extract data without any barriers
- As such, one of the greatest value their business model offers is the network effect through the interoperability of different cloud services
Conclusion
While the cloud service industry continues to be highly competitive among Amazon, Microsoft, and Google, Snowflake offers values that could easily enlarge the pie. Its solid business model offers potential to make net profits once they start cutting their massive marketing costs. Anyone who is bullish on the outlook for the cloud servicing industry should definitely have his eyes on this stock.
UTZ Chips love um CCHwell one more Spac. that i Like feel its a long term hold. like the BB bands consolidation also holding above MA.. this should IPO I imagine have a run into low 20's.. UTZ$ have 300 warrant looking to add a couple leap calls..
HCAC: Bullish Entry Alert!HCAC right now looks like it is set to garnish support as a SPAC with Canoo likely garnishing up hype for bullish support levels. At this price, I think a breakout could still be imminent. I also am seeing a positive sentiment. That being said, invest at your own risk and proceed with caution. As always, everything I say is on an opinion based basis. Please do your own due diligence.
The Case for Being Bearish on XPEVRight now, XPEV is one of those stocks I have been following for a while. On IPO day, I decided not to buy any shares due to what seemed to me uneasy activity in the market. I still feel uneasy, so in a way I'm still watching from the sidelines. The valuation is obscene compared to revenue and competitors, and the IP seems quite similar to Tesla. Even both chargers have the same style green light. I'm not accusing anybody of anything, I'm just stating what I am seeing to an extent. The designs from my outside perspective look (as someone who done product and industrial design before) look quite similar. That being said, am I still bearish? Yes! I'm shifting somewhere towards a more neutral position given now it is $20.68, but still expect resistance to increase. Currently, I'm not a fan of the way charting is and its technical setup. That being said, please proceed at your own risk. Everything I am saying is on an opinion based basis. Proceed with caution and do your own due diligence.
$XPEV is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
XPeng is a designer and manufacturer of all-electric vehicles in China.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $23,81;
take-profit — $32,03;
stop-loss — $21,07.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
NNOX: Huge IPO Signal: $38+ Target?12:15 Price was $21.76, entry was at $22.53, current price now is at $24.50, target is $38. Right now, Nanox Vision has alot of potential as a Siemens competitor, and the sentiment is overwhelmingly positive. I think continued support for this IPO shall continue this bullish run. That being said, currently a long position. Please keep in mind, everything I say is on an opinion based basis. Please do your own due diligence, proceed with caution and invest at your own risk.
1 Year Target for LI: $65Right now, my current 1 year target as a conservative estimate for Li Automotive is $65. That being said, I think this will continue getting momentum and garnishing higher support levels. Many analyst are bullish as well. As always, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
$NNOX is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Nano-X Imaging is developing an improved and less costly form of medical imaging technology.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $22,00;
take-profit — $28,75;
stop-loss — $19,75.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
$VITL is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Vital Farms (VITL) sells pasture-raised egg products and butter to consumers in the U.S.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $36;
take-profit — $32,5;
stop-loss — $46,5.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
$INBX is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Inhibrx is advancing a pipeline of candidates for the treatment of various rare cancers and AATD.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $26;
take-profit — $46;
stop-loss — $19.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
$HRMY is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Harmony Biosciences is advancing the development and commercialization of narcolepsy and related treatments.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $41;
take-profit — $56;
stop-loss — $36.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
$LI is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Li Auto is a Chinese electric-car maker.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $17,25;
take-profit — $23,80;
stop-loss — $15,00.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
$MEG is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Montrose environmental was one of the first to see environmental responsibility as not just an imperative but as a strategic asset. They are well ahead of the curve in applying the latest technologies in practical ways to solve difficult environmental challenges.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $18,5;
take-profit — $26,50;
stop-loss — $16,00.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
$BLI is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Berkeley Lights is a leading digital-cell biology company focused on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $58,00;
take-profit — $77,00;
stop-loss — $50,00.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
$GOCO is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
GoHealth is a leading health insurance marketplace.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $25,75;
take-profit — $30,52;
stop-loss — $24,16.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Livongo Health - IPO$ LVGOIPO that has done well and just sold half off expanded fibinacci $79, which it pinged off of just long enough. RSI and CCI show still a hold onto house monie$ and let it ride, but fibonacci showed take profit at $79 a month ago.
$NCNO is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
nCino is a leading global provider of cloud-based software for financial institutions.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $79,00;
take-profit — $66,30;
stop-loss — $114,50.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.