Snowflake is melting❄🔥Head back below 200. Macd death cross on the daily MFI has been flat since NOV which tells me that all real interest has left this stock Selling pressure is increasing , closed below its 50sma for the first time since June and is now gapping down below its 100sma Shortby ContraryTrader117
$SNOW fall looking bad, unless countered!$SNOW's reversal to downside is concerning, suggesting upcoming major downtrend! Unless countered and held above 370!Shortby aniHotmailUpdated 0
$SNOW has not even retraced 50% from May"Maybe we had too much too fast" Lower Target Level supports if gets there Higher Fib lines now rez by BP1970110
SNOW: Time for a big move back to ATH?SNOW looks ready for a move. Daily close over 377.87 can send this to $392 and possible $405 with some volume. Don't think the great R:R is until a confirmation over 377.87. $375.29 you can use, but odds of it failing at 377.87 are high. If it gaps over, you could buy the gap fill in morning or buy gap support for a possible big move. Longby AlphaTradersInc0
SNOW Options Play FREE Options Play $SNOW 380C above 375.83 Price target 1 379.43 Price target 2 381.96 (resistance) Price target 3 384.48 Stop-loss 371.24 $SNOW 350P below 358 Price target 1 354.40 Price target 2 349.81 Price target 3 344.75 Stop-loss 360.53 thetradesetup.com by AVYNTrade0
12/12/21 SNOWSnowflake, Inc. ( NYSE:SNOW ) Sector: Technology Services (Packaged Software) Current Price: $371.24 Breakout price: $377.00 Buy Zone (Top/Bottom Range): $371.00-$358.50 Price Target: $400.00-404.00 (1st), $429.00-$433.00 (2nd) Estimated Duration to Target: 49-53d (1st), 84-90d (2nd) Contract of Interest: $SNOW 2/18/22 375c, SNOW 3/18/22 400c Trade price as of publish date: $29.40/contract, $28.00/contractLongby lord_catnip2
$SNOW - Hourly breakout incoming, calls > 377 | puts < 363.5$SNOW - Hourly breakout incoming, calls > 377 | puts < 363.5 - Daily inside bar formingShortby SrjInfinity1
SNOWSnow has had a beautiful breakout today, it looks like it can test $377 resistance and possibly hit $380+ by the end of the week. In order for this to happen, it must stay and close above $372 support. Longby ChaseMColvinUpdated 221
SNOWI like this to the downside. Volume is drying up and the Volume that came in today was not enough to break out of the channel. Max pain is coming and I am bearish on this ticker. My short-term target to the downside it the 50 Fib.by GoodTrades_Only0
SNOW cup and handle SNOW cup has been solidly forming after completion of the cup at 420, look for a "handle" dip to the 320-350 area. Then possible move up to the 5-600s not financial adviceLongby RWD23Updated 2
$SNOW: Dumpster fire onAs long as snow doesn't get above 367, this is a great spot to go short. Targets based on the bear range is around 290-297. Trade Idea SNOW 330P 12/31 Target: 325,307,297 SL: 367Shortby ara03030
$SNOW with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $SNOW after a Positive over reaction following its earnings release placing the stock in drift B. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.Shortby EPSMomentum1
Snowflake 🐻 3 things I hate , Egg mcmuffin ,Turkey stuffin and a stock that's bluffin. Snowflake is up 40+$ this morning but can't break over this bear channel premarket. Could snowflake rally in the middle of a correction? any thing is possible but I doubt it Target is below 300 or channel support.. Stop loss 360 Shortby ContraryTrader339
SNOW Inversely Related 100MAPrice will most likely recover at the 100MA As it moved up at the 100MA previous, as shown in green Buy the dip scenario by Bixley0
Cup (s) and Handle Earnings 12-1/AMCThe smaller cup has formed a handle that is well defined. I do not deem to place a handle on on the larger cup as earnings are very soon and it does not appear to be well formed at this point. If you see one, label it and go for it (o: I do not like to place a handle low and then watch price go past it. Earnings a bit too close for me right now )o: Price is over long entry level for smaller cup (purple) but not for larger cup (white). I calculated targets for smaller cup. If you are interested in the larger cup, then long entry is 429.10, or whatever you think may clear the high of 429 at the left side of the cup. You can use the depth of the cup to calculate targets and project those targets from long entry level. Both cup lows are 184.71. Good luck. No recommendationby lauralea772
SNOWFLAKE ( SHORT to 300) The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. Right now we have the cup and the handle is yet to be formed Conviction: break of current trend followed by a bearish engulfing weekly chart Shortby UnknownUnicorn5589256333
SNOW ChartUsing Feb retracement, plotted the lines for SNOW. If the market supports, it can try low 401's post ER (within a week to 2 weeks time period).Longby IluvTrad0
$SNOW shortmarket lettging us know short might be the direction to take, $SNOW has rnage Shortby takinprofitss2
LET IT SNOW PUTSThere is a Bearish wolfe wave setup on the Daily time frame in SNOW that provided entry opportunity on Friday Nov 19. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the red perforated line, as shown in the chart. The projected target is 300 and then 295. The price is expected to reach these targets within 7 days. The orange wolfe wave pattern uses a different length input value and identifies price tgt up to below 300. The risk and reward for both wolfe waves are excellent.Shortby TOSOPTION226
SNOW! breaking out here! Looking to reach all time highs at $428 by end of year! by GSAFinancialConsulting3
Multi time frame analysis If snow can get through $350-360.00 Resistance it can run. Forming a nice base here on weekly by GSAFinancialConsultingUpdated 0
Double top on SNOW, selling time?I'd expect to see a retracement on SNOW here at this level. Double top. 1.2 fib extension of previous wave. hitting trend line from previous. This is technical inspiration, always do your own due diligence, act on your own risk. Best of luck to all.Shortby nDam3