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SNOWFLAKESNOWFLAKESNOWFLAKE

SNOWFLAKE

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4SNOW trade ideas

$SNOW still in price discovery mode.Charting for a friend. Will try to work with what I have, but with what I have here, there's really not enough data or price confirmation to pinpoint any other than that we are in a price discovery territory. As such, Wave B might not even have ended its run and may dip even lower. An assumption that Wave B has completed is generous indeed, and in such circumstances, a Wave C climb will set a TP of $428. However, it will be wise to stay on the sidelines for this one, for now.
NYSE:SNOW
by googooboyy
2
SNOW monster sized head and shoulders projects... 60!First, I truly hate this company, so there i have bias in this for sure! My 'day job' as CTO of a (non-competitive) data technology company, and SNOW offers a lot of hype and a pretty wrapper around things that already exist. Or rather, it's old crap with a new skin. I find their product useless and uninspiring. Now on to the TA: www.tradingview.com identified an H&S earlier today. While obviously I agree with those, I draw the lines a little bit differently using all data available since their IPO. This gives a neckline around 245 and the peak of 428 implying a potential drop of 428-245=183 from the neckline. 245-183 = 62. Given the current 'smack the high value tech company theme' recently, SNOW qualifies as one of the highest with a price:sales ratio 16th highest of all technology companies at 144.5. With insider lockups expiring soon, there could be additional pressure here. One of the best looking tech shorts atm.
NYSE:SNOWShort
by tacosaurus
2
$SNOW🧨🧨It is PRIMED for a ride up, IT is where i want it to be, it is in my (POI) zone, looking to open up a position but only thing thats holding me down is this RED market, once it turns green its going to fly. These red days are blessings in disguise. gives you and oppourtunity to get into a good stock for a very lucrative prices. Open small and stack if it goes further down. PLease do your own DD, my analysis is pure technical. USe proper stoploss, knowing when to get out is also a part of trading. Trade Safe.
NYSE:SNOWLong
by nakarmi
Short squeeze mini series# 13What Is a Short Squeeze? A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had bet that its price would fall, to buy it in order to forestall even greater losses. Their scramble to buy only adds to the upward pressure on the stock's price KEY TAKEAWAYS *A short squeeze accelerates a stock's price rise as short-sellers bail out to cut their losses. *Contrarian investors try to anticipate a short squeeze and buy stocks that demonstrate a strong short interest. *Both short-sellers and contrarians are making risky moves. A wise investor has additional reasons for shorting or buying that stock.
NYSE:SNOW
by samitrading
7