$SNOW bottoming, bullish into EOYNYSE:SNOW bottoming on the monthly, support on weekly. Business wise doing much better. Targeting August highs.
−0.079 USD
−352.29 M USD
1.18 B USD
About Snowflake Inc.
Sector
Industry
CEO
Sridhar Ramaswamy
Website
Headquarters
Bozeman
Founded
2012
ISIN
ARBCOM460358
Snowflake, Inc. engages in the provision of cloud data warehousing software. The firm offers Data Cloud, an ecosystem where Snowflake customers, partners, data providers, and data consumers can break down data silos and derive value from data. Its platform supports a range of use cases including data warehousing, data lakes, data engineering, data science, data application development, and data sharing. The cloud-native architecture consists of layers across storage, compute, and cloud services. The storage layer ingests structured and semi-structured data to create a unified data record. The compute layer provides dedicated resources to enable users to access common data sets for many use cases without latency. The cloud services layer optimizes each use case's performance requirements with no administration. The company was founded by Marcin Zukowski, Thierry Cruanes, and Benoit Dageville on July 23, 2012 and is headquartered in Bozeman, MT.
Breakout coming for SNOW?🔉Sound on!🔉
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Snow up up upSpeculative Long Position:
After NYSE:SNOW confirmed support around $108, the chart looks more bullish to me in the short term. We’ve seen a bullish move since the beginning of October, followed by a correction in both price and time. With the recent crossover of the 30- and 50-day SMAs, I anticip
SNOW - time to bounce short-termhi traders
Let's have a look at SNOW on 1h time frame.
Bullish divergences developed and it looks like SNOW will give us a small bounce soon
Take a long position now.
Set-up is shown on the chart.
Risk-reward ratio: 2,51
Good luck
setting up for a big breakout imo 🍿snow stuck between trend resistance and trend support at the moment.
We will continue to be stuck until we see a clear breakout past one.
if we break above my targets are 378.63-405, considering all the bullish flow.. this is most likely going to be the outcome in 2022.
but a break below will sen
Snow to backtest kumoNYSE:SNOW has been in a secular bear trend since the beginning of the 2022 bear market.
Notable countertrend rallies have lasted ~14 weeks.
We're on week 3, expecting more upside with possibly changing the macro trend here.
$SNOW: Channel Breakout
1. Overall Trend: The stock has been in a downward trend, as indicated by the descending channel (blue lines) on the chart.
2. Channel Breakout: Recently, the price appears to be breaking out of the upper boundary of the descending channel, which could potentially signal a trend reversal or at lea
$SNOW (Snowflake) | Long Analysis/ThesisNYSE:SNOW is primed for upside with a strong support level formed around $109 (indicated on chart).
We are expecting these 3 upside price levels to be significant points of resistance in the coming weeks, however the $120 strike options will prosper as we approach the $145 level and will be the f
Breaking out of the descending triangleNYSE:SNOW is showing signs of bottom rebound after breaking out of the descending triangle and ichimoku is showing two out of three bullish crossover. Long-term MACD histogram is positive and stochastic has shown an oversold crossover. Meanwhile, volume remain healthy
Top 5 Weekly Trade Ideas #1 - SNOW Bear FlagSNOW has been pretty choppy lately if you ask me, but I do see some opportunity if it finally moves off of this area it's been at since the last earnings dump.
Nice looking bear flag here on the 4hr. I like puts with a stop above the bear flag, you could also wait for a downside break for more conf
See all ideas
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