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SNOWFLAKE INC-CLASS ASNOWFLAKE INC-CLASS ASNOWFLAKE INC-CLASS A

SNOWFLAKE INC-CLASS A

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SNWF trade ideas

Risky Pre-Earnings Play ~ SHORT~Hey everyone! Let's make an analysis for a potential pre-earnings trade on SNOW. This is very risky so we have to be extra careful and analyze the price action until the last trading session before earnings report. I have made a successful trade on the previous earnings report. My entry was at $128 during the trading session the day before the earnings announcement and my exit was at the next day at the open at $165 (almost 29%). I took that trade because the stock price had broke out from the downward channel, a week before the report (see in graph), so in my analysis going long before the report was a good idea (and thank god yes, it was). For our new proposed short trade we have the following: 1) There is some pattern (seasonality) that unfolds during the period NOVEMBER to FEBRUARY. As you can see, price has increased from NOV 2023 to FEB 2024 by approximately 37%, while a quite similar behavior is observed from NOV 2024 to FEB 2025, but the increase is greater (approximately 52%) 2) In both cases, before earnings announcement there was a consolidation period. However, the "jump" in price was far greater in the last earning report (NOV 2024), but the following weeks the price was not increasing at such a fast rate when comparing with the period from NOV 2023 to FEB 2024 3) RSI had almost the exact behavior in both cases. It was near the overbought territory before the earnings report, jumped higher after the announcement, then fell in a quite similar way till it reached 50 and then grew once again to the upper level (70) 4) Current price levels were resistance levels back in 2023 and support levels from Q4 2023 to Q1 2024 5) As you can see in the upper left rectangle, the price retraced in previous levels. I am not saying that this will happen again, since that implies a drop of nearly 30%, but I can see the price falls between $155-$160 level. 6) Market sentiment is not that good for tech stocks the last couple of days and let's admit that valuations are quite high. Even if companies announce great results, market finds a small thing to overreact and send the stock price the opposite way Having all these in mind I am "guessing" on a 10%+ decrease in share price. I'll keep watching SNOW until the announcement. This was an analysis that seemed interesting (at least in my head). Happy to discuss on this!! Not a financial advice!
NYSE:SNOWShort
by Orestis_KO
1
one of my favorite setups for 2025!boost and follow for more ❤️‍🔥 SNOW is almost ready for a parabolic move higher, a 100%+ rally from here is very possible in my opinion.. the trend resistance from late 2021 is finally breaking! But we still have that major resistance zone around 200. once we break 209 on the weekly time frame I think it will start flying to 280-393 targets 🎯🚀 last chart from me today I hope you all have a profitable week! see you soon with more ❤️‍🔥
NYSE:SNOWLong
by Vibranium_Capital
8
$SNOW Trying to Break-Out NYSE:SNOW as of today has tested the breakout / resistance area Six times in the last 9 trading sessions. Today it tried again but it is hard to fight the market trend. However, the more it tests this area the more likely it is to successfully breakout. As always, there is no guarantee that it will or will continue higher. I am long this name at 186.90 and have a stop just below the most recent low @ 175.25. Once it breaks out and holds, I will use a trailing stop on the 21 EMA (green). It will need to close convincingly under the 21 EMA. Let’s see what happens. If you like this idea, please make sure it fits your trading plan.
NYSE:SNOWLong
by jaxdog
2
Snowflake ($SNOW) | Rerating Incoming with 2-3x PotentialOur top analyst Shay Boloor (@StockSavvyShay) is adamant that Snowflake will be rerated in 2025 with a price target of $300 (called out live on Fox Business). Their NRR is at 127%, meaning existing customers will spend 27% more YoY. For Snowflake to grow 27% within the next year, all they need to do is nothing. They can afford to sit. Data consumption models make money out of thin air. 40% of the Fortune 2000 data is stored in Snowflake’s ecosystem ALREADY. They are trading at 25% of Palantir’s valuation and 20% of Cloudflare’s. This could be a 3-4x trade. There is still no floor on AI and its applications. On the technical side, over $205 and we have a liquidity zone up to $300. Our entries are at $109 and $125, but this would be a secondary entry for a position trade to capitalize on one of the top names in stage two AI (software/applications). Entry: Over $205 Targets: $230, $300, $400 NYSE:SNOW
NYSE:SNOWLong
by PennyBois
Long term $180-$190 target. More downside likely short term.I think short term we can see a final push down. Company has way to much in OP EX and once it can figure out how to remove/cut the amount in half, this stock will show to investors that it has a plan for long term profitable growth. Question is, which earnings report will it be and/or will they release news on lay offs once unemployment really spikes. BUY THIS STOCK IN MY PINK ZONE AND HOLD 2-5 YEARS. my main concern right now is AI hype flushing down and/or there cash on hand and free cash flow continues on its down trend...
NYSE:SNOWLong
by LeapTrades
4
Bullish on SnowNYSE:SNOW is very bullish based on the chart. 1. There is Golden cross in the daily chart. 2.After a good earning NYSE:SNOW reached 187 $ then retract from this high to 153 $. This price is on the 0.38 on Fibonacci retracement. It bounced and passed 0.23 level and now its price is 170 $. This show that 0.38 level is the support and it will go higher from now. 3. Closing above 170 $ means, it is changing trend from a short bearish correction to bullish trend again. 4. Awesome, RSI and Stochastic indicators also show bullish trend for $NYSE:SNOW. Based on above signals I am bullish on the $NYSE:SNOW. Good luck to everybody.
NYSE:SNOWLong
by Shahi_bak
Major Price Movement Incoming for SNOW!Signalist has detected a precise pattern in NYSE:SNOW trading activity, signaling that a substantial price movement is imminent. This isn’t a random fluctuation—it’s a carefully analyzed precursor to a significant market event. 📅 What to Expect: ⌛ Timeline: Anticipate a major move within the next 1 to 4 upcoming 3-hour candles. 📈 Monitor the Charts: Keep an eye on SNOW’s price action over the next few candles. Prepare Your Strategy: Whether you’re bullish or bearish, have your trading plan ready to capitalize on the move.
NYSE:SNOW
by SIGNALIST_indicator
Pull back to $150-155s before earnings Q1 FY 2025 - Lot of work required to break long term downtrend and continue the move up in 200+ - Medium term target before earnings around 150-155 - Solid earning will push the stock price to retest 175-185 range and potentially allow stock to trade above 200s. - Bad earning will move NYSE:SNOW to test the lower end of the trendline i.e low 100s and potentially double digits ~$85-98 /share. Databricks IPO would keep the stock price under pressure. - Therefore, I believe next earnings will be crucial and will be essential to decide the direction long term.
NYSE:SNOWShort
by bigbull037
Top 5 Weekly Trade Ideas #2 - SNOW BreakoutI posted a similar idea last week for SNOW, but after seeing it this week I think it deserves a spot on the top 5 list. Just had a nice bounce after retesting the $166.50 area. Still riding momentum off the massive earnings move. On top of that it has reclaimed a trendline from the recent high. First upside target is $176 and then up to the recent high around $187. I think this chart is too bullish to short, but if it does break below the trendline it could see $166.50 again relatively quickly. I think it's good for a long in this area and if you miss it, could be a good long on a break and retest of $176.
NYSE:SNOWLong
by AdvancedPlays