Snowflake Inc.
Long
Aggiornato

Correction to 100D SMA for $SNOW

589
Snow looks to have double bottomed after a very strong selloff after earnings. This would be a good place to correct to its key moving averages.

Jul 12 $128C
Nota
If it ain't $SNOWing I ain't going! Higher! Price action around $133 will give us a good idea if we can get this squeeze to the $150 range. If we do not blow right past some consolidation may be needed. Other places where SNOW was oversold we almost always got a quick squeeze to the 100D SMA
Nota
Had no idea it was summer with all this $SNOW. Strong end to the week.
Nota
Let it $SNOW.

Planning on taking profits around $150
Nota
Took profits here around $142.7 21 day EMA may provide some resistance. Will let the rest run Still looking for $150 range.

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