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Sellsignal

SNOW-BEARISH SCENARIOYesterday, Snowflake, announced financial results for its fourth quarter and full year of fiscal 2023, ending January 31, 2023. Revenue for the quarter was $589.0 million, representing 53% year-over-year growth. Product revenue for the quarter was $555.3 million, representing 54% year-over-year growth. The remaining performance obligations were $3.7 billion, representing 38% year-over-year growth. Due to a disappointing growth outlook, the downtrend is more likely to continue Re-test of the $ 110 support level is expected. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:SNOWShort
by legacyFXofficial
EURCAD - H&S patternAs you all know {for those following this channel btw}, i have been trading off of the price movements of EURCAD since January and it has been swell so far so good. The amazing part of it all is that price has been building up to form a pattern we all know and love "THE HEAD AND SHOULDERS PATTERN" and it's super valid because it's actually very clear in the D1 time frame. Let's wait patiently till price gets to our POI {point of interest}. Just bringing this to everyone's notice {for many that will see this idea anyways} !. NB: Check my timeline using the attached past idea as a reference to check out all my past ideas on EURCAD
Short
by LaBOSS_FX
VC-BEARISH SCENARIOLast month Visteon Corporation reported full-year earnings for FY 2022 Revenue: US$3.76b (up 35% from FY 2021). Net income: US$124.0m (up 202% from FY 2021). Profit margin: 3.3% (up from 1.5% in FY 2021). The increase in margin was driven by higher revenue. EPS: US$4.41 (up from US$1.46 in FY 2021). In a long term, the company has great fundamentals. The revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Auto Components industry in the US. On a technical point, the price reached its all-time high on Monday, but an RSI divergence occurred and a correction is expected Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NASDAQ:VCShort
by legacyFXofficial