Snowflake? this overprice pltr wannabe should takea seat. lots of upside on this one if that turns out to have been accumulation targeting the previous highs isnt out of the questionLongby gl0buPublished 4
Bullish-We are in a demand zone -Price has just stopped at the POC for our previous run-up -extremely high volume on a red candle with low/normal spread and bottom wick -next shelf of selling volume is in the $175 range. - We have formed a rather large double bottom on the (30min ) time frame. -Price is in an extremely high volume shelf that begun this previous run-up -We have reached our bottom Bollinger band with enormous room for upside. NFA: I will be entering $175 calls exp 7/30/23 Longby Wayt0Dark_Published 3
Snow in Spring ... or May - lets it Snow in April, or May( May be ) - its broken Resistance ( you can't hold me back baby ! ) - i will rise beyond 163 & above. you cant stop me. Happy Trading.. NYSE:SNOW - Trade within your Limits - Have your stop losses in place Happy Trading.. Longby wiseinvertor1288Updated 2
#SNOWFLAKE $SNOW Long#SNOW NYSE:SNOW Long 📈Chart Pattern: Multiple Bottom 🫵Perspective: Long 💔Stop loss: Breaking $ 178 NYSE:SNOW $NYSE SKILLING:NASDAQ AMEX:SPY NYSE:DOWLongby CbiasPublished 1
Short SnowSmall allocation, tight stops. Will most likely get stopped out but nibbling here, Nasdaq will take a breather and it will be violent.Shortby A5gamakatsuPublished 0
SNOW LongI am long on SNOW Based on my estimates I expect SNOW will touch to 200 first then break it above Longby orkhanrustamovUpdated 0
Snowflake: Gone with the Wind… 🌬(Un-)fortunately, we won’t rehash the story of Scarlett and Rhett, which took director Victor Fleming nearly 4 hours to recount. We will rather talk about Snowflake, which currently seems to be struggling though a snowstorm, fighting on toward the resistance at $203.62. We expect the share to gust above this mark to expand wave x in magenta before a counter movement should take hold. However, there is a 40% chance that wave alt.x in magenta could be finished by now. In that case, Snowflake would waft below the support at $110.27 to develop wave alt.2 in turquoise already, whose low should then be followed by a fresh upwards movement.by MarketIntelPublished 2
Short SNOWBearish on Snowflake ( NYSE:SNOW )! Our analysis suggests a possible decline to $167 or lower in the near future, considering its current price of $182.2. Shortby orkhanrustamovUpdated 2
SNOWBreakout and restest is done by SNOW lets see if we can cross 185 for longs.. seems like 200, 240 could be the targets by next quater.by Stock_patterns_12345Published 0
SNOW pulls bak on Earnings Discount SaleSNOW on the daily chart pulled back from decent earnings to in a massive bearish candle down into its intermediate-term fair value zone near to the mean anchored VWAP and the POC line of the volume profile. It is entirely possible that many traders sold SNOW at its highs when they got FOMO over NVDA and needed to free capital to get more cash in their accounts after buying NVDA . This could have easily helped SNOW go down despite decent earnings. No matter if SNOW is on sale, I will buy it now setting a stop loss @ $145.00 and watch for a Fibonacci-style retracement halfway back to the Pirvot high from which it fell for a first the target of $ 170, a second of $180 ( one third of the position for each) and the final at $170. In the meanwhile, I have a position on NVDA to play a possible drop. by AwesomeAvaniUpdated 4
SNOW - BEARISH SCENARIOSnowflake on Wednesday reported first-quarter earnings that topped Wall Street expectations, but the company's product revenue outlook missed views amid slowing growth for cloud computing partners. The revenue climbed 48% to $623.6 million, the software maker said. Analysts had predicted revenue of $609.7 million. SNOW stock plunged 12.5% to near 155 in extended trading on the stock market today. The next price target is located at the $ 140 major support level 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. Shortby legacyFXofficialPublished 222
W PatternWs often reverse at the end of the fourth leg. Right now this would be an Alternate Bat that may have terminated at the 1.113. The Bat terminates at the .886. I left the line dashed in case this leg is not complete. Bearish Harami today. Earnings 5-24 AMC. No recommendation 52 Week Range 110.27 205.66 Day Range 176.61 182.46 EPS (FWD) 0.59 PE (FWD) 310.77 Div Rate (TTM) - Yield (TTM) - Short Interest 4.71% Market Cap $59.90Bby lauraleaPublished 443
SNOW ShortRan into Supply Zone, not fresh zone. next Earning 5/25/2023 Short Sell 171 Stop 180 Target 125 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.Shortby PlanTradePlanMMUpdated 3
SNOWFLAKE FLAG textbook flag at bottom, can gain momentum above 164.00 resistanceLongby tnccknPublished 1
SNOW to 158We can see that after the price consolidate 148-150 area, we could go to the next R= 158... Waiting for confirmation: Entrance: 148.46 or above Target Profit: 158.15 StopLoss: 136.92Longby RicardoptionsUpdated 2
Sticking the nosePrice is testing the upper vortex of the triangle with lots of volume. Looks like wants to break out the one year consolidation. It may pullback a little bit but it may not.Longby ArturoLPublished 3
SNOW Testing Support for 6th time SNOW testing the wedge support once again. Move up rejected at the VWAP from recent high.Longby honucapPublished 1
SNOW at support level - will it hold? Support at anchored VWAP from recent low and at bottom of wedge. Will stop out tomorrow if the support breaks. Longby honucapPublished 1
$SNOW Setting up It is essential to exercise patience and caution in your trading strategies. One such approach is to **allow the market price to come to you, instead of chasing after it impulsively.** In the case of NYSE:SNOW , **puts below the 135 zone and calls above the 148 zone.** However, it is imperative to exercise restraint and not rush into any day trades or swings without proper candlestick confirmation. (1-3) It is crucial to note that impulsive trading decisions can lead to costly mistakes and result in unnecessary losses. As a trader, you must have a clear understanding of the market trends, indicators, and risk management techniques. Patience and discipline are the keys to success in the trading game, and it is essential to develop and maintain these qualities. Additionally, having a solid trading plan in place and sticking to it can help you stay focused and avoid making impulsive decisions. This includes having well-defined entry and exit points, stop loss orders, and profit targets based on your analysis and risk tolerance. Remember, trading is not a get-rich-quick scheme, but a long-term game of skill and strategy. With the right approach, mindset, and tools, you can become a successful trader and achieve your financial goals. Stay patient, stay disciplined, and stay focused on your trading plan, and success will surely follow.by Ubaidy100Published 1
Snow is bullish on hourly chartI have been watching SNOW on hourly chart for a week. This week it is just trading weekly S3 pivot (camarilla) My rsi strategy triggered buy earlier and now it triggered add position There is divergence in momentum ( bottom indicator on the chart) , price is coming down near S3 , but momentum indicator is going up Momentum indicator also has squeeze feature(by LazyBear) … on this indicator it shows that squeeze has just released. (Red crosses on the middle line turned grey/blue) All these confirms upside prediction This is not a recommendation, it is just published for education purpose. Please do your research before taking any position on this.Longby mohaneePublished 31
SNOWFLAKE Stock Chart Fibonacci Analysis 041023Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 142/61.80%by fibonacci6180Published 0
SNOW - Falling Trend Channel [MID TERM]- SNOW A is in a falling trend channel in the medium long term. - SNOW has broken a resistance level in the short term and given a positive signal for the short-term trading range. - SNOW is testing resistance at 150 become support. - This could give a negative reaction, but an upward breakthrough of 150 means a positive signal. - The stock is overall assessed as technically negative for the medium long term. - *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️Longby wavepoint99Published 1
See ya at 230 It might be gearing up to hit 230 in 3 months. It must stay above 125 on a weekly basis. Longby babu_traderPublished 1