$SNOW - Will you buy it here?

2024年8月22日

SNOW Snowflake hit the first target before earnings 🎯. It’s now back in the buy area post-ER and seems to be checking back on the trendline. Earnings can always be a risk factor, and they can make or break a setup.

The $122–$120 support has now turned into resistance. It’s not out of the woods yet, but this might be a good area to start accumulating. RSI isn't oversold yet, so I'm not going all in.

As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.