Looking for a Breakout in Snowflake (SNOW)
Company Info:
Snowflake is a cloud data warehouse that can store and analyze all your data records in one place. It can automatically scale up/down its compute resources to load, integrate, and analyze data.
As a result, you can run virtually any number of workloads across many users at the same time without worrying about resource contention. Workloads can include use cases such as batch data processing to interactive analytics to complex data pipelines.
Techincals:
It has been now consolidating inside the rectangle for almost 18 months and a breakout seems imminent. It used to one of the hottest stocks before the bear market.
Looking for price to rapidly cross 200-204.
Stops would then sit below 20 DMA (Daily Moving Average).
Target would be 280.
Snowflake is a cloud data warehouse that can store and analyze all your data records in one place. It can automatically scale up/down its compute resources to load, integrate, and analyze data.
As a result, you can run virtually any number of workloads across many users at the same time without worrying about resource contention. Workloads can include use cases such as batch data processing to interactive analytics to complex data pipelines.
Techincals:
It has been now consolidating inside the rectangle for almost 18 months and a breakout seems imminent. It used to one of the hottest stocks before the bear market.
Looking for price to rapidly cross 200-204.
Stops would then sit below 20 DMA (Daily Moving Average).
Target would be 280.
註釋
Today I will go with the break. Super Tuesday!註釋
Nice breakout yesterday!Got in at 201.44.
交易結束：達到停損點
Out at breakeven.
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