Snowflake Inc.
Long
Updated

SNOW on Watch

397
SNOW just reported earnings and has had a brief sell off. I have been watching this name after the break of the downward trend line, but wanted to wait for earnings before entry. If price can hold above the green box I like it long. So far price has flushed below the green box and recovered. I will wait for follow through recovery tomorrow. Plenty of room to run if it gets going.
Note
Printed another inside day.. If you are not long already entries would be a break above 246.50 or wait for a pull back to the green box again if it starts to sell off.
Note
Setting up for a break of 246.50
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Closed today at 250 so the target is now 277 and potentially 300 if it gets going.
snapshot
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Gapped down and hit profit stop. May reenter on break of recent high.

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