SNOWConfirmed a falling wedge reversal bullish pattern with a megaphone bottom. Expecting a move to the upside.
S2NW34 trade ideas
I THINK ITS THE TIME most of stocks depends on teslas trend . this one looks alright to me . just wait for a breakout and your back to moon . remember , keep leverage low. happy trading.
SNOW cup and handlePotential cup and handle on SNOW, has retraced to the golden pocket area. A break through this pocket would invalidate the trade and would create a PT of $185
SNOW: Short Swing TradeInverted hammer closing below the 200SMA. Bearish sign although weekly support could limit risk/reward.
SNOW: BOUNCE CANDIDATE?SNOW :
I put SNOW in the bounce candidate and potential continuation upward list. Why?
1. We retraced 50% of the move that started in May. This level is good to initiate a long trade because it allows you to place a stop loss not too far below the line.
2. Demark Sequential is on a 9 daily. (More details below on Demark indicators)
3. The chart looks like a big cup and handle and it seems that we are at the bottom of the handle. The top of the cup is 405. This one is very subjective though.
Depending on how markets open, I will look for a long entry . Swing trade .
My initial target will be 320-330, then I'll reassess. The success of the trade will depend on how Nasdaq behaves so I'll be careful and monitor the indexes closely.
If the trade fails, another interesting level will be around 268.
Note:
DeMark Indicators are designed to anticipate turning points in the market.
A Buy Setup occurs when there are 9 consecutive closes less than the close four days earlier.
Trade safe!
$SNOW, trading it 1/14For 1/14, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 301 (entry, long), it can see 309-314 (exit)
Break below 290 (entry, short), it can see 277-282 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. NOT FINANCIAL ADVICE.
US Stock In Play: $SNOW$SNOW setup for a mean reversion swing on its hammer candlestick pattern, sitting on its rising 200MA.
a reversal from this juncture would paint out a cup and handle pattern on its weekly
YoY
Q3 EPS +113%
Q3 Sales +110%
$SNOW, trading it 1/11For 1/11, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 308 (entry, long), it can see 316-319 (exit)
Break below 290 (entry, short), it can see 273-277 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. Not financial advice.
nice bounce off support zones! snow bouncing off its trend/strong support zones creating a little cluster support area.
We will most likely see a little bounce to 324.79 before the next pullback.
like and follow for more
$SNOW, trading it 1/10For 1/10, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 308 (entry, long), it can see 319-324 (exit)
Break below 292 (entry, short), it can see 276-281 (exit), WATCH that ~285 area
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter), have a great one. Not financial advice.
SNOW held 200 MASNOW showed a bullish reaction to the 200 MA & respected the descending channel as support. Entering calls here, expecting $315-$320 range next week.
Snow - is overI will look for snow later if I wanted to own this garbage in a long position (FYI, I never intend to own SNOW stock)
$SNOW, trading it 1/7For 1/7, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 307 (entry, long), it can see 319-324 (exit)
Break below 291 (entry, short), it can see 274-279 (exit), WATCH THAT 286 area (Previous Day Low)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out my prior posts & recaps (on twitter), have a great one. Not financial advice.
$SNOW, trading it 1/6For 1/6, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 307.5 (entry, long), it can see 317.5-323.5 (exit)
Break below 291 (entry, short), it can see 275-280 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out my prior posts & recaps (on twitter), have a great one. Not financial advice.
$SNOW, trading it 1/5For 1/5, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 319 (entry, long), it can see 330-335 (exit)
Break below 298 (entry, short), it can see 282-287 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out my prior posts, have a great one. Not financial advice.
$SNOW, trading it 1/4For 1/4, intraday trading ideas for options trading; For red or green market day.
Break over 335 (entry, long), it can see 345-350 (exit)
Break below 322 (entry, short), it can see 307-312 (exit)
#options #daytrading
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out my prior posts, have a great one. Not financial advice.
SNOWFLAKE INCA wonderful break of the support that held the bullish trend. since May . Right now. there is a big probability that the market goes towards the level of 275 again. which will be a support. and if ever he break it down there is a probability that we will see it towards the level of 210
10-15% correction is possible..!All the information you need for entry, stop loss, and target is provided!
Reward to risk ratio 2!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
$SNOW | 1/3 - 1/7 $SNOW +348.5
(Over 348.5 for calls)
Rationale: Pennant breakout on the daily chart
$SNOW beautiful setup here into 2022Monstrous option flow came into the march calls above the ask, technical setup is fantastic
