SNOW Supply demand zones.Please do your own charting im new trader.
If you have some tips feel free to leave them in comments thank you.
SNOW trade ideas
Let it $SNOW #SNOW No one knows better about $SNOW #SNOW than @K_K88
I hope it's the time!!!
What do you think? Is it time for $SNOW #SNOW?
I am not familiar with Snowflake. Without googling, I do not know anything. What is the product they're selling. I have no idea about the man behind the wheel.
Two subsidiaries: CryptoNumerics and Numeracy. Find what are these two subs from Snowflake blog.
I have no position yet. I am ready into it now.
SNOW or IBM? Which one would buy with the same amount of money?SNOW is the new darling, GS just upgraded as a top 10 software stock for 2021. IBM just reported earnings it got killed AGAIN!
For the same price (valuation) though, if I am in a cave by choice for 3 years and forced to make a decision, I would park my money at IBM as it still a cash machine. Narrative or not.
SNOW a great new startup with a great CEO, but as a 100 bil dollar startup it has a lot of catch-ups to do. Technically it tells you so, despite it's a hot name on Twitter or WallStreetBets and on the esteemed real Wall Street.
The trend is chopping and drafting lower I think.
SNOW Short I love this IPO but I am currently bearish!
Expect some healthy profit-taking to occur with a proper correction.
As. always informational only GL to all.
SNOW Round downSNOW looks like its heading back down to support at the 270 level, its under the moving averages and is got underneath its downward resistance. A rounding formation has developed on the daily, and looking at the hourly it has the potential to make another leg down to test support again.
$SNOW | Snowflake Inc: Bullish Falling Wedge Breakout [Update 2]$SNOW setup is still valid. Price has held above the $280 demand zone.
There was also a lot of unusual options activity the past few weeks. Here are a few notable trades:
SNOW $1,628,900 SWEEP $335 CALLS 02/19/21 635 @ $25.65
SNOW $1,352,614 SWEEP $330 CALLS 02/19/21 501 @ $26.99
SNOW $584,795 SWEEP $400 CALLS 02/19/21 805 @ $7.26
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
See my previous analysis here:
Let it snow2\19 350c
~pt 1: sell half at +100% to cover the trade
~pt 2: +200%
~pt 3: +300%
(duration: 14 days)
Short Sensitive Stock SnowflakeThis one is headed for the dumps. Dead cat pattern right here. I'm not insulting cats, it's just a pattern. Remember, when I say a stock is headed for the dumps, I mean the stock, not you, courageous longer-er of SNOW. You're not a bad human. SNOW is just primed for a market-wide dump. Don't feel like you need to defend SNOW. Stocks don't have feelings either. They are meaningless concepts that the citadel somehow bamboozled you into thinking they have tangible value. They don't. There's a reason most gains are unrealized. Your stocks aren't valuable until you get rid of them. They don't take offense. You shouldn't either.
Short TESLA too while you're at it, which is almost like shorting SNOW. TSLA has a lot of sensitive folks who take short calls personally. Please, don't mistake the word "SHORT TURDSLA" or PUTS ON TESLA" for "I think you're an awful human being who doesn't deserve to be alive." SHORT TURDSLA is just a funny way of saying TSLA is a turd stock in a bubble and you should sell calls or buy puts on. Lighten up. If you were really long on it you're fucking rich so no need to troll.
I get it. When our parents don't reflect our emotions as a kid, things can be tough. Been there, healing that. But please, let's do the work together and not get salty on TV. Let's find the light inside all of us. You can do no wrong if you are long on yourself. You can make a true, real fortune and have real tangible wealth with 0DTE calls on oneself. Start now. Who cares about theta.
Remember, when we lash out, we're not being sensitive. We're being reactive and non-relational, which is the epitome of the patriarchy and colonialism we seek to destroy.
SHORT SNOW, LONG ONESELF.
$SNOW - Falling Wedge & Inverse Head & ShouldersLooking to long $SNOW into the 350-360 range off of this falling wedge/inverse head and shoulder combo.
Notable order flow supporting this idea is:
**all 2/19/21 expiration**
$400C $585k sweep
$335C $1.6M sweep
$330C $1.4M Sweep
*1/29/21 expiration**
$355C $104k block
$380C $270k block
Safer play would be selling puts on this. Possibly 2/12/21 $285P for ~$1800 in premium. 6% cash on collateral return for 1 month hold. Breakeven at $267 a share
Snow 3 Descending PeaksVery risky, my first short publish but feel like this is a confirmed pattern, keeping a close watch.
SNOW day/swing tradeBreak out of this small triangle and holding the retest and lower trend line. Sitting right at the 20 day EMA too. Great risk to reward. Expecting a strong move higher today and over the next few days/weeks.
$SNOW | Snowflake Inc: Bullish Falling Wedge Breakout [Update 1]$SNOW printed a bullish flag after breaking out of a bullish falling wedge. Watch this closely for upside.
I will be looking for longs targeting of $340+
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
See my previous analysis here:
Not So Abominable SNOWmanSNOW looks like it is trending up!!!! When SNOW goes up, it usually happens pretty quickly and violently. There is an apparent 1-2, 1-2 nest. My stop is at 294 so, this is a very low-risk trade setup. We should see 320 pretty quick. SMAs are turning, all signs point to bullishness. The upper gaps are exciting
$SNOW Long into $330 Massive short interest on this name, could see one last squeeze before shares are offered. NYSE:SNOW
$SNOW | Snowflake Inc: Bullish Falling Wedge Breakout$SNOW broke out of a bullish falling wedge.
I will be looking for longs targeting of $340+
This technical setup is similar to other successful longs setups I have traded recently on $ETSY and $WMT (see below)
SNOW - Time for SNOWSqueeZeWe should see a monster move from SNOW this week if market holds up. There is a massive short float ratio currently and it looks like we've completed our A-B-C corrective cycle.
Expecting to see 360-362 PT reached this week, with potential continuation to 400+ by mid-February at the latest.
