end of the 4th wave?hello so after correcting from the ATH snow seems to bouncing back ,i think we just completed the 4th impulse wave and should now see the 5th wave,,lets hope the reversal holds in the next few sessions
SNOW trade ideas
SNOW Elliot wave 1-2-3-4-5Forming triangles ; might be good entry at 280-320$; up to 530$
based on Elliot wave 1-2-3-4-5
Wedge . DilutionI m feeling that share dilution is gonna cause the wedge to breakout and cause a dip. Offloading position today
SNOW LongIf price holds above 340, we could see another impulse,
if it keeps breaking below 340,
it should hold above prior resistance around 300...
snowflakei wanna buy this stock, has roth ira written all over it. gotta find the right time, uptrend is dead for now have to see how it recovers
SNOW: It's a White Xmas for Insiders and MoMo TradersSnow has skied upwards to 398 today, from a post earning low of 272. With 20% short, the squeeze the short play has worked out great for the longs. With lock-up free coming up in 10 days (Dec 14) and market cap reaching over $100 bil, it's very probable the stock will retracet back to $355, then 320 around the VWAP.
Info about the co: As of the first quarter, research firm Forrester identified Snowflake’s data management products as being roughly as strong or stronger than Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), and Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL). Snowflake did, however, trail IBM (NYSE:IBM), Teradata (NYSE:TDC), Oracle (NYSE:ORCL) and SAP (NYSE:SAP) by significant amounts in the metric.
However, Snowflake’s pricing model, which enables its customers “to only pay for what they use in terms of computational processing and data storage,” differentiates it, according to a Seeking Alpha columnist. Further, Snowflake’s customer-satisfaction ratings, as measured by third-party websites, is the highest.
investorplace.com
SNOW targeting $500, selling on December 8-9 4HR TD count wise, whatever price snow may be mid next week I see it as a wise move to take profits and sell.
A 4hr TD 9 to be hit mid next week.
$SNOW I hope it will give better price to get in$SNOW $340-$345 will be decent levels to get in. I am waiting
$SNOW sellers looking to take controlIt opened with quite a bid but gave up all the gains over the course of the day. It was quite extended from its big move and will look to test $360 area
Elliot waves for SNOWThis is my elliot wave analysis for SNOW!
Let it SNOW!
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THIS IS NOT A FINANCIAL EDVICE, JUST A STAMP FOR THE FUTURE, THAT I KNEW IT!
$SNOW thank you!!!$SNOW happy to end my SNOW long journey here. Will board again in future if it will give an option!!!
SnowFlake Support off Expanding Triangle/Support on Channels.SnowFlake Support off Expanding Triangle/Support on Channels.
New issue low institutional ownership tiny float, tiny shares outstanding.
Important 90B IPO, owned by the best, underwritten by the best and managed by the best.
Buffett and Salesforce validated on the business/tech growth side.
Relatively unknown.
Must own.
36% shorted float.
Monster Stock.
Direction:Up
next levels for SNOWhello guys so lets see how snow did in the last two days ,just after the results there has been massive volume spikes and long bullish candles are forming,the volume today was higher than yesterdays volume which is a great sign,as per the FIb extension we can see the next major resistance is at the 397-400 level,if it defeats that level next would be 465(the stock touched 396 before reversing today,)....with the heavy volumes and bullish candles expect the trend to continue ,another observation be the closing price for today and yesterday which is close to the days high ,pointing to strong momentum
Let it SNOW highly valued IPO in correctionSNOW is a new IPO and thinly traded therefore highly volatile. The run up into earnings created a favorable price for a short setup. A put butterfly centered around 280, 15 wide may work out as a good earnings play.
"$SNOW Long" Bullish will this be able to push back to 332.76+NYSE:SNOW some nice upgrades today on this one and love how it held support at 291.02 area and that trend break will be looking to see if this is a start of continuation to the upside
SNOWLooks like a successful test of the pivot from above; no position though due to earnings tomorrow
Stock to watch: Snowflake Inc (SNOW) - re-uploadNYSE:SNOW
Re-uploading the original idea from Nov 24 (which was brutally deleted by the moderators LOL) 👇🏻
Original chart from Nov 24
Original idea was: May be an interesting stock to trade: Buy/Sell Zones Indicator shows that the price is in the green zone, indicating buyers interest. Targets for Long play may be previous highs up to 1 Fibonacci. The pre-market shows a small potential recoil that can give a good Long entry point.
The bias didn't change much - Long may be taken at a potential pullback + extend targets up to 1.618 Fib or even higher.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
