SNOW About to Break Up!!SNOW is reaching old resistance, if it breaks above with volumes I can see a few green days in the future. Overall this stock is on sale and should be a good buy.Longby MindOverMarketPublished 3
Snow 8/21 DMA cross sitting on supportUpdating this with the better view of the chartLongby ProSpacTalkPublished 1
SNOW 8/21 DMA cross setting on supply zone -Bullish Snow setting up for a big move here. 8-21 DMA cross just happened on the daily chart. Sitting right on the 233 support level. This one can move fast so if it can see volume it could be explosive. Growth stocks were crushed in March so maybe we see a nice reversal here. Buy some time and looking at 250 calls for later April. Longby ProSpacTalkPublished 1
SNOW - 4H - SHORT TERM BREAKOUTSHORT TERM BREAKOUT AS FIBONACCI LEVELS CAN BE RETRACED TO 0.38 AT WHICH POINT PROFIT CAN BE TAKEN, UNLESS IT PASSES TO 0.5 WHICH WIL IMPLY BREAK OF THE DOWNWARD TREND FOR FURTHER RISE IN PRICE, BULLISH ENGULFING CANDLES ALSO SIGNIFIES A CHANGE IN THE STOCK DIRECTION. THIS COULD PLAY OUT ALL THE WAY TO THE 200DMAby AWPEARCE1Published 0
SNOW potential Cypher completion into take profitsSNOW 65 min chart into 786 cypher completion. Any gap up is potentially sold into TP1 the 38.2 fibonacci retracement off pattern completed Friday into close. Shortby CyphertradesPublished 442
$SNOW Potential Bottom PickingNow that the trading week is over, we can take a closer look at how the broader markets have performed. For the most part of the week, the markets appeared to be quite choppy but now looking like we can potentially start moving higher. If that is the case, then I think there is a potential here to bottom pick a high flying enterprise software company called Snowflake. At one point this stock was trading over 150x price to sales. It might sound ridiculous but in a controlled market where you have massive money printing, I don't think the majority of market participants are buying for fundamental cash flow. Instead, the markets appear to be competing for market share as there are only 100% possible owners of a company. :) All in all, I categorized this technical setup as a reversal play and if the broader markets can rally then I think $SNOW can run up quite substantially for the short to mid term trader. - EnterpriseGuyLongby finvizclubPublished 1
Snow DaytradeSnow above 221 demand looking good for a nice push up to 226Longby Garretcasey14Published 0
Time to show up or blow upSnowflake is hitting Support at all time lows. If it breaks the support, you can expect it to fall further.by bert0294Published 111
$SNOW $SNOW - The last time it had volume was a sell-off to the all-time low right after earnings. There is no momentum, negative biased, and needs many buyers to break out of the triangle. by G_AcidbeamPublished 2
$SNOW- Possible Breakout Play$SNOW has completed a descending wedge formation and in the past months, this has lead to a breakout. They are in a heavy support zone as well. Target $265, stop loss at $212. Good Luck!Longby Investor4321Published 9
SNOW, WILL IT HAPPEN AGAIN?Hello fellow traders and investors, here's another trade idea. SNOW has recently been pulling back and previously makes a breakout above the trendlines, if PTON makes a recovery to the take profit area it offers around a 40% ROI. Technicals: The Macd indicates that it's oversold The EMA's are in a downtrend The RSI is oversold When To Buy: When the Macd crosses its EMA When the EMA's crossover When To Sell: I recommend selling at its previous high offering around a 40% ROI. Fundamentals: SNOW provides a cloud-based data storing software that provides data warehouse modernization, accelerating analytics and overall productivity. They have a P/S of 103 which is a lot, sales growth Q/Q of 118.60% which is amazing however their earnings per share growth Q/Q of -218% isn't good at all however with their amazing return on investment of 66% they should be able to fix this is in a few years and finally, a short float of 17% which could easily cause a short squeeze if it breaks out over the trendline and investors and traders start buying they will have to cover their positions. Rating: 50/100 since their technicals look okay and their EPS and P/S isn't looking too strong their rating will have to be 40/100 however if this meets your criteria feel free to add it to your watchlist. I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like, follow, comment your thoughts and share this trade idea. Thanks.Longby UnknownUnicorn11084119Published 556
$SNOW Falling Wedge breakout$SNOW Falling Wedge breakout. Could see 270 in coming days.Longby SaandaPublished 1
SNOW - Close to break outSNOW is currently in bearish channel. it is also close to long term support at $210. if it break below that it will below that puts should be good. above the white descending line the stock is bullish.Longby UnknownUnicorn12624275Published 1
SNOWMID-TERM: Double bottom at a previous support with classic bullish divergence on the daily. (not financial advice)Longby Champion-VibePublished 4
longSnow diamond bottom on the 1H liking it for a long play t1 240 t2 245 t3 250 Longby Garretcasey14Published 1
SNOW - time to get in! 1. Wedge formation; bullish candle close on the bottom trend line 2. Impending MACD bullish crossover; RSI above to trend 3. Lock up expiration completed on March 15th so this dip last week was expected. TP1 : 280 TP2 : 320Longby Prats91Published 334
SNOW Long Possible double bottom in Demand zone Entry 218 Stop 205 Target 270 I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it.Longby PlanTradePlanMMUpdated 3
Low Risk High Reward SetupEnter a small long position on this setup for a potential breakout.Longby Merrils_BankPublished 0
LONG SNOWClassic bullish divergence on the daily. This is probably kind of late to publish the idea. The perfect entry was around 230. However, it still has run to go. I bought a few shares, and already sold half of the position to book profits and will let this run. This is a technical, but also a fundamental play, and I love to hold stocks like this on my long term portfolio. Longby Frank_InvPublished 0
snow weekly resistance levels on daily chart mid march 21snow weekly resistance levels on daily chart mid march 21by danthonyjulianPublished 0