Snowflake Inc.
Long

$SNOW Constructive Consolidation

349
SNOW I've opened a position in SNOW as it consolidates here. I have made notations on the chart for the reasons I'm in. I am in this one early for 2 reasons; 1. Many of the break-outs lately have failed so I want to be early and if a break-out fails I should be able to get out with a small profit. 2. It is very easy to define my downside risk here, which is really the #1 reason. Ideas, not investing / trading advice. Comments welcome.

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