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 by AMEDATPublished 1
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.Shortby MoshkelgoshaUpdated 2217
SNOW Solid break of the 7 month support. How low will it go? I think it will may touch $275 range. Shortby IncogNito721Published 2
$SNOW | 1/3 - 1/7 $SNOW +348.5 (Over 348.5 for calls) Rationale: Pennant breakout on the daily chart Longby MalcolmInTheMoneyPublished 1
$SNOW beautiful setup here into 2022Monstrous option flow came into the march calls above the ask, technical setup is fantasticLongby PriceActionRulesPublished 1
SNOWHas a nice look to it going into the new year. Flagging above the weekly 20 sma & 0.618 retracement. Like this one long on a breakout of the blue trend line. Below $310 & this is a no touch imo.Longby EssendyPublished 1
SNOWFLAKE ($SNOW) longNote: - NYSE:SNOW - High Tight Flag - Hot sector - Chart setting up nicely - EMAs coming together - Fundamentals are great Disclaimer and Info: - No guarantee for the correctness of information or calculations - No advice or investment advice - Fiscal Year ends January 31. - All numbers in '000 US dollars (1.234 = 1.23 million USD) Company profile from TradingView: Snowflake, Inc. provides cloud data warehousing software. It provides SQL data warehouse, zero management, and broad ecosystem products. It offers data warehouse modernization, accelerating analytics, enabling developers and monitoring and security analysis solutions to federal government, financial services, healthcare, media and entertainment, retail and CPG , gaming, education and technology industries. The company was founded by Marcin Zukowski, Thierry Cruanes and Benoit Dageville in 2013 and is headquartered in Bozeman, MT. Main sources for data: - Investor Presentation 3Q Fiscal 2022 - Trading View - Own calculations Customers (customers >$1M): FY2021Q3: 3,554 (65) FY2021Q4: 4,139 (77) FY2022Q1: 4,532 (104) FY2022Q2: 4,990 (116) FY2022Q3: 5,416 (148) --> YOY Growth: 52% all customers // 128 % customers >$1M Net Revenue Retention (NRR): Net Revenue Retention (NRR) also known as Net Dollar Retention (NDR) is an important SaaS metric. NRR is one of the most important key KPIs from the software and service industry. Ultimately, it measures how much of the previous year's turnover was lost through layoffs and how much Annual Recurring Revenue ( ARR ) was gained through account expansion of existing SaaS-customers. The net effect of lost sales (revenue churn) and additional sales from received customers (account expansion) is the Net Revenue Retention. In order to calculate the NRR, you need at least two comparison periods for the company. Typically, one compares the ARR of the previous year with the current value of the Annual Recurring Revenue. If the additional expenses of the existing customers can more than compensate for the loss of sales through terminations, one speaks of net-negative revenue churn or positive net revenue retention, which then takes a value of over 100%. Calculation of the Net Revenue Retention (NRR) or Net Dollar Retention (NDR): Expressed mathematically, the NRR or NDR is the percentage of sales in a previous period or base period that could be realized in the current period. This includes additional sales from existing customers, cost reductions for customers and terminations. The net revenue retention rate can also assume values below 100%, which means that the customer cohort of the previous year spent less on average in the current year. The goal of most SaaS-companies is therefore a net dollar retention of over 100, which would mean that the additional sales of existing customers could overcompensate for losses due to terminations (account churn) and budget cuts (revenue churn). If the NRR is above 100, i.e. the customer cohorts are spending more and more money and new customers can be won at the same time, software companies can grow particularly dynamically. FY2022Q1: 168% FY2022Q2: 170% FY2022Q3: 173% Non-GAAP Product Gross Margin: FY19: 58% FY20: 63% FY21: 69% FY22: 74% (est.) FY2021Q3: 70% FY2021Q4: 70% FY2022Q1: 72% FY2022Q2: 74% FY2022Q3: 75% Rule of "40": The "Rule of 40" ( aka . "Rule of Forty") is one of the simplest and most important SaaS and software metrics. This KPI was developed by the US-based software venture capital fund Bessemer Venture Partners. It tries to relate the growth and profitability of a company. The revenue growth and the free cash flow margin (also (non-GAAP) operating margin or adjusted EBITDA margin) are added as a measure of profitability. If the sum of the two values results in a value greater than 40 , empirical data are used to assume that this is a very healthy company. The rule of 40 is particularly meaningful for software or subscription companies with high gross margins. The background to the relationship is that a company that is growing rapidly but is still losing money can be just as attractive or even more attractive than a company that is profitable but only grows more slowly. In addition, companies can often actively decide whether they want to give up profitability in order to grow even faster or save marketing costs and instead accept slow growth but deliver more EBIT . At the same time, a situation in which a company is neither profitable nor grows significantly faster than 20% can quickly become threatening. Often these companies do not achieve sufficient economies of scale and operating leverage to be profitable and sustainable in the long term. Therefore, the following applies quite casually: Either grow quickly or make a profit! If both of these don't work, the company often find itself in a dead end. FY2021Q3: 88% FY2021Q4: 93% FY2022Q1: 95% FY2022Q2: 96% FY2022Q3: 112% Sales Efficiency (aka Magic Number): The "Magic Number" is a KPI of the sales efficiency of SaaS and subscription companies. It goes back to the venture capital fund Bessemer Venture Partners, which specializes in SaaS companies in the US. To calculate the Magic Number, the newly acquired Annual Recurring Revenue (ARR) is annualized and related to sales and marketing expenses. Calculation: Specifically, you subtract the sales of the previous quarter from today's sales and multiply the difference by 4. Because the additional quarterly sales will accrue every year from now on, so it becomes ARR or annually recurring sales. This annualized turnover is now calculated from the marketing expenses of the previous period - because these have caused the increase in sales - and the result is a number that is usually between 0.5 and 2. FY2021Q3: 1,14 FY2021Q4: 0,92 FY2022Q1: 1,00 FY2022Q2: 1,04 FY2022Q3: 1,36 If the magic number is below 0.5, there is probably no product market fit. No invest in marketing is needed. If the magic number is between 0.5 and 0.75, you are probably spending the right amount in marketing and sales and the amount should rather be optimized operationally. If the magic number is above 0.75 or even above 1, you should definitely try to spend even more money on acquisition, i.e. via marketing and sales.Longby trustindataPublished 1
snowflake cup and handlesnowflake cup and handle. Possible break out if volume goes up after having dried up and price goes over MAs.Longby valdetraderPublished 220
$SNOW in Symmetrical Triangle - Looking for BreakoutI took a trade on $SNOW last week and was stopped out. At that time it looked like a cup w/handle formation on the weekly chart. This is the daily chart and I have put relevant notes and drawings for my idea there. If the market direction is favorable and it can breakout to the upside with above average volume I'll be looking to start a new position next week. All TBD. This may be worthy of your watch list. Ideas, not investing / trading advice.Longby jaxdogPublished 3
$SNOW - Puts < 332 | calls > 367$SNOW - Puts < 332 | calls > 367 - Cup & handle formed weekly - Watch for break out of 367 for calls - Weekly outside bar formed - Weekly Levels posted in chartLongby SrjInfinityPublished 443
$SNOW Weekly Cup With HandleThis is one of the most successful classic set-ups. This is worthy of everyone's watch list. I'll be looking at the daily chart for a low risk entry. (No position.) All TBD. Ideas, not investing / trading advice.Longby jaxdogUpdated 221
Snowflake is melting❄🔥Head back below 200. Macd death cross on the daily MFI has been flat since NOV which tells me that all real interest has left this stock Selling pressure is increasing , closed below its 50sma for the first time since June and is now gapping down below its 100sma Shortby ContraryTraderPublished 117
$SNOW fall looking bad, unless countered!$SNOW's reversal to downside is concerning, suggesting upcoming major downtrend! Unless countered and held above 370!Shortby aniHotmailUpdated 0
$SNOW has not even retraced 50% from May"Maybe we had too much too fast" Lower Target Level supports if gets there Higher Fib lines now rez by BP1970Published 110
Look WeakHigh Risk on this one but i expect this to drop to lower 200's soon. Shortby rbswingtraderPublished 0
SNOW: Time for a big move back to ATH?SNOW looks ready for a move. Daily close over 377.87 can send this to $392 and possible $405 with some volume. Don't think the great R:R is until a confirmation over 377.87. $375.29 you can use, but odds of it failing at 377.87 are high. If it gaps over, you could buy the gap fill in morning or buy gap support for a possible big move. Longby AlphaTradersIncPublished 0
SNOW Options Play FREE Options Play $SNOW 380C above 375.83 Price target 1 379.43 Price target 2 381.96 (resistance) Price target 3 384.48 Stop-loss 371.24 $SNOW 350P below 358 Price target 1 354.40 Price target 2 349.81 Price target 3 344.75 Stop-loss 360.53 thetradesetup.com by AVYNTradePublished 0
12/12/21 SNOWSnowflake, Inc. ( NYSE:SNOW ) Sector: Technology Services (Packaged Software) Current Price: $371.24 Breakout price: $377.00 Buy Zone (Top/Bottom Range): $371.00-$358.50 Price Target: $400.00-404.00 (1st), $429.00-$433.00 (2nd) Estimated Duration to Target: 49-53d (1st), 84-90d (2nd) Contract of Interest: $SNOW 2/18/22 375c, SNOW 3/18/22 400c Trade price as of publish date: $29.40/contract, $28.00/contractLongby lord_catnipPublished 2
$SNOW - Hourly breakout incoming, calls > 377 | puts < 363.5$SNOW - Hourly breakout incoming, calls > 377 | puts < 363.5 - Daily inside bar formingShortby SrjInfinityPublished 1
SNOWSnow has had a beautiful breakout today, it looks like it can test $377 resistance and possibly hit $380+ by the end of the week. In order for this to happen, it must stay and close above $372 support. Longby ChaseMColvinUpdated 221
SNOWI like this to the downside. Volume is drying up and the Volume that came in today was not enough to break out of the channel. Max pain is coming and I am bearish on this ticker. My short-term target to the downside it the 50 Fib.by GoodTrades_OnlyPublished 0
SNOW cup and handle SNOW cup has been solidly forming after completion of the cup at 420, look for a "handle" dip to the 320-350 area. Then possible move up to the 5-600s not financial adviceLongby RWD23Updated 2