$SNOW Invers HS$SNOW looks good here, nice double bottom potential IHS. TP1: 335 TP2: 367 (Reverse GP)Longby tfleet007Published 6
SNOW looks bullishSNOW had a great breakout this last week & looks to be in consol on that breakout. Like these daily lower wicks. Looking at 3-4 week out calls.Longby dafster17Published 2
Falling pendant for SNOW finally showing some upward lifeSNOW has been in a falling pendant for weeks now, and I have continually expected it to break upwards. Now it finally seems to be making an upward move. It has held above a significant resistance/support range at 298-300 for several days, and it has bounced strongly off of that range on the hourly, intra-day chart. Possible resistance/target price points on the chart. I expect resistance around 320 to be the most significant. However, because SNOW has consolidated above 300 for several days now, I expect it to finally be able to break above 320 and make a significant run upwards next week. Earnings are coming up in early March, which will also attract increased interest in SNOW over the next few weeks. Stop loss at around 298, and if it does break 298, watch for it to find support around 285 or 265. If it finds support at either price point, I would pick up shares or long term, at the money options/leaps. Both price points have provided significant support (daily and intraday), and I think SNOW is a great long term investment. Current positions: SNOW 02/19/2021 270.00 C SNOW 02/19/2021 300.00 C SNOW 03/19/2021 290.00 C SNOW 03/19/2021 305.00 C Obviously these are my own opinions, so please do your own research and invest wisely. Longby spdconsPublished 222
Very Nice Pennant $320 target on a breakout. It will be interesting to see if it gets a small pullback before the rally.Longby Merrils_BankPublished 1
continued snow bullish signalsGreat trading session on snow today. looking at the hourly chart we see that again, SNOW price rejecting that 298-300. the last time it touched this area the candlestick for that hour formed what appears to be a dragonfly doji. Great bullish sign for Snow to finally make a move. Additionally, The Golden Cross is beginning to come into play which is when the fast Moving Average of 50 goes above the slow Moving Average of 200. Also, looking at the MACD the selling pressure is diminishing and is showing that the buying pressure will soon go above the zero line. Today Snow had to close above 205.85 and it did. All these are continuous confirmation to be bullish on SNOW. The only concern is the amount of volume. We need a huge amount of volume and buying pressure to make this stock launch possibly to 340, which is my first TP. The good news is that Mondays are usually green with lots of trading volume so as expected next week might be the run for SNOW. Longby miguelsiquePublished 226
SNOW (Snowflake Inc) Long to 428Snowflake has found support at 265 putting in a recent double bottom. Current resistance would be 318, with support at 298. Targets above 318 would be the golden mean reversal at 341, 360, 390, and eventually a retest of the all time highs at 428 We've broken the supply line with clear bullish divergence on the oscillators. Volume has slowed to the downside and short interest is also decreasing. Retesting for support, and its my opinion she'll be on her way! Under 285, id be bearish until we see a new swing high Longby TradingNomadicPublished 4
snow still looking bullishNot too much action today on SNOW. further consolidation between the 310 area and 300. If price falls below 298 then this trade might be considered invalid. but so far its been rejecting that range between 298-300. We need to see an accumulation of high volume tomorrow to see that massive uptrend many of us have been waiting on. after breaking out of the descending pennant Snow shows to be forming a bullish flag formation just waiting to make a run to the upside. I still see further consolidation forming before we see another attempt to go higher. The reason for that is because in the hourly chart we possibly see a golden crossover that is waiting to occur. a few more trading sessions can determine if this scenario will happen, which will give us further confirmation on a bullish view on SNOW. Looking at the daily chart, the MACD shows SNOW crossing over its signal line indicating more buying pressure flowing in. All these are great signs of a bullish scenario. There are still some bearish signals but we have more bullish confirmation vs bearish but I would still be cautious on this stock. continue to wait for confirmation and I recommend ( Not advise) if someone was to go long on this buy around 300 with a far out expiration date. Remember this is my personal view of Snows price action it is not a signal or an advice to buy. do your own DD and lets share ideas. Longby miguelsiquePublished 7
SNOW go longReversal zone, and in uptrend. Recent golden cross + daily RSI rising Longby ShadaabResearchPublished 222
SNOW forgot to publish this one a couple days ago but man has it been following my curves! Be sure to keep on eye on this one! Longby JoseyPublished 111
SNOW...ANOTHER LEG UP... 52%SNOW could be getting ready for another move up...target is $462 (52%)...just breaking out of another descending wedge pattern...currently trading back above the 50 day moving averages...macd is preparing for a bullish crossover...and hidden bullish divergence in the oscillators (yellow circles)...IT'S YOUR MONEY, DYOR!!Longby Soul_CancerUpdated 0
$SNOW --- Long IDEA ⛄- Price has formed a double bottom at a key support zone - Expecting price to move back towards $365 then maybe test the highs $429 -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.Longby Trader-DanPublished 3
US stock - SNOWFLAKE reversal chartIn US stock market, SNOW have some reversal pattern. - Stand above 21EMA now - 2 Pull back (around 19% - 30%) and strong support level around 264.5 - Volume is increasing when the price going up on yesterday - Lowest ATR since Nov - We can see there may have a reversal and go back to a higher price My buy point: 298.8 This is not financial advice. Just my point of view.by cryptotradermanPublished 111
SNOW over 310.66Breakout from the bottom of this ascending channel but found resistance at the fib above and closed below the VPOC. Both will serve as resistance, entry over the high of day should see continuation.Longby SpinTradesPublished 113
$SNOW 4h heavy in UOA flows todayA swing on Snow 2/12 350C @ 4.10 has a high reward. Longby x_markstheespotPublished 2
SNOW Long Daily ChartConfirmation Breakout of Descending wedge, bouncing off long-established support. Bullish up to 331 -> 355Longby atran_yyzPublished 2
Here is why snowflake inc. will hit $330 soon The harmonic pattern is completing so we expect the bull run very soon. I will keep this chart updated. Thank you for the support.Longby abel11Updated 232336
Snowflake - Correction +- 2/3% finishedSee Chart. Correction up to fibonacci. Berkshire in it also. Think, they will aggregate its Position very sonn.Longby FlyerdanUpdated 111
Snow updateNice breakout.. needs to close above 305 today for further continuation Longby ContraryTraderPublished 222
Possible target price for SNOWGetting out of the wedge, it is ready to test 360, and 429 once again..! Pullback to upper line of the wedge is possible..! I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! Don't forget to like, comment, and Follow to encourage me to continue this. You can send TradingView coins to support me publishing high quality ideas..! Stay tuned great live stream and quality content videos coming soon..! I would appreciate if you share my analysis on your own social media with your friends and beloved ones.Longby MoshkelgoshaPublished 5531
Snowflake Trend Reversal?NYSE:SNOW Double Bottom Fast Turtle Buy FiFT +ve BOD Star Atom BuyLongby SuperTrader_KPublished 2
SNOW coming out of a wedge along a demand curveSNOW has a lot of potential from here. Also looks very good intraday today. Longby LanmarUpdated 19