On the monthly chart, 
SNOW just broke out of a 3 year channel. This presents a strong bullish signal. With growing demand for AI and a significant expansion in the sector, I see this moving up the scale.
On the weekly chart, it has also formed one of my now favorite patterns - the "DOUBLE BUMBUM".
This undoubtedly confirms the trend upwards.
There is some resistance at $300 but I perceive this going to about $350 in the coming months.
I would take a leap on this stock.
SNOW just broke out of a 3 year channel. This presents a strong bullish signal. With growing demand for AI and a significant expansion in the sector, I see this moving up the scale. On the weekly chart, it has also formed one of my now favorite patterns - the "DOUBLE BUMBUM".
This undoubtedly confirms the trend upwards.
There is some resistance at $300 but I perceive this going to about $350 in the coming months.
I would take a leap on this stock.
Trade attivo
Position: SNOW 330 Call JAN 16 2025Average Cost Basis: $3.66
Last Price: $4.45
Total % Gain/Loss: +21.69%
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.