SNOW OBV (On-Balance Volume) has risen sharply and it indicates stock price levels of $150+, based on previous patterns. It broke form a downward channel when price reached $122 approximately. Snowflake has beaten Revenues and EPS estimates during earnings for the last 2 years. Stock price at these levels reflects a great opportunity to make either a pure earnings play (long) or initiate a long position. Keep in mind that the stock is trading near all time lows while Revenues are in all time high levels. When comparing SNOW with PLTR, it seems to be quite undervalued.
SNOW buy meta announce colab with them and us def. on Llama AI + accenture/aws/anduril/boozallen/databricks/deloitte/ibm/leidos/lockheed martin/microsoft/oracle/palantir/scale AI/snowflake.