SNOW a software megacap approaches earnings in one week LONG

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SNOW has been running since about the 1st of February. It beat earnings in November by 50%.

Right now it is situated at the mean-anchored VWAP where institutions pick up and drop off

shares the most. Price is at the lower boundary of an ascending parallel channel and is now

about 8% less than the double top of last week at the top of the channel. Price at the mean

VWAP brings out volume and volatility. So does an earnings run. I see SNOW as a great

earnings play as ARM and PLTR were only weeks ago. This could be a huge trade like those

were. Good Luck to traders who take this trade!
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SNOW moving up in the ascending channel before and after NVDA reported. Full position forward.

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註釋
Zagged lines are intermediate anchored VWAP lines - dynamic support and resistance.
交易進行
Squeeze release and AI indicator guide a high of day of 230. If price action follows
will raise the stop loss above the entry to secure a risk-free trade.

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SNOW fell on the disappointment of an earnings beat. Trader confidence in the stock will return in due time and fundamentally it has no issues aside perhaps macroeconomics. I will take this opportunity to scoop a discount sale before it goes away.
anchoredvwapchanneltradiungitsectorSNOWsoftwarestocktechnologystocktrendlinesupportzoneVolatilityVolume

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