Snowflake Inc.
Long
Updated

SNOW - 2x Potential

1 695
SNOW - wait for long entry for the pullback upto 160 ish, I wouldn’t short it though.

Long Entry - 160-163
Target #1 200
Target #2 250
Target #3 280
Note
SNOW Train started little earlier than expected. Added some starter commons position on Friday and few more calls on Monday and Today.

Adjusted the projection to align with this move. No overhead supply/resistance until 230's, IMO.

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Note
If you are playing with short term calls, around 217-218 area secure some profits.
Trade active
Added some more commons here.

Took some lotto calls for a day trade, small size.

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Stopped out on lotto calls, held on the commons
Trade active
4th time is a charm.. 202 support cemented strong I guess.

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Note
Got stopped out, Will wait and see for a reentry.

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FOMC shook me out, Classic shakeout before big move.
Got back in this morning, not on FOMC dip, not on yesterday but today !!

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Trade active
Inside day, added some 220c for the continuation to 220+

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Note
Mostly I'm gonna take a L and move on, will see how it opens tmrw.

CEO change news didn't fit well here.

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Note
Looks like SNOW found some resting stop here.
160 need to hold here, patience.
If 160 breaks, 130-140 can be possible

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