Extremely simple trade. SNOW is experiencing some price adjustment after experiencing a great rally for a few weeks. A classic "buy the dip" opportunity!
I plan on doing two things once the SMI shows a bullish crossing:
Purchase shares for my long-term investment portfolio
Far OTM bullish put spreads w/ 2 month or greater expiration (depends on premiums)
Hope you enjoy this simple trade idea! Don't forget to follow and like, as I post trade ideas daily.
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.
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.