Outlook - SNOW could be the trade of the week with major potential if it can shake a miss
on the previous earnings report. Bearish net flows into close friday leads me to believe that
SNOW will gap down on open to 128. If 128 holds I see bullish options premium on the 133 & 135 stricks
Upside Targets:
* 134.56--138.48--142.85
Downside Targets:
* 128.81--125.17--120.29
Quantum Edge Analytics = T/A supports Bullish Potential if 128 can hold.
on the previous earnings report. Bearish net flows into close friday leads me to believe that
SNOW will gap down on open to 128. If 128 holds I see bullish options premium on the 133 & 135 stricks
Upside Targets:
* 134.56--138.48--142.85
Downside Targets:
* 128.81--125.17--120.29
Quantum Edge Analytics = T/A supports Bullish Potential if 128 can hold.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.