SNOW - Swing Idea

2022年3月7日After a beat on earnings and a 480 price target, I see limited downside and great upside despite the poor growth forecast. SNOW is already approaching its 52 week low, and after this massive spike in volume, I'm hoping to see more momentum or sustained volume before taking a position. Both the RSI and MACD are in good position for a reversal, and again, volume is the only thing left.

Blue circle: Potential entry price/area
Red box: Stop loss
Green box: Take profit