Price should go up if break 172 USD
This is not recommendation just my idea what could happened.
If SNOW would break over 170, the price should reach 200 USD.
There is a support at 120-130 USD. Looks like acumulation, because of high volumens spikes whenever price reach this support.
In my opinion it's hihgly unlikely to price go over 200USD and below 120 USD without any additional cause/information/big event or big loss in earnings. This range seems to be solid.
To be honest, I would not invest in SNOW now. I would wait at 200 USD level to sell or buy at 120-130 level. Now... hm.. maybe buy is some option but with very tight stop loss.
If SNOW would break over 170, the price should reach 200 USD.
There is a support at 120-130 USD. Looks like acumulation, because of high volumens spikes whenever price reach this support.
In my opinion it's hihgly unlikely to price go over 200USD and below 120 USD without any additional cause/information/big event or big loss in earnings. This range seems to be solid.
To be honest, I would not invest in SNOW now. I would wait at 200 USD level to sell or buy at 120-130 level. Now... hm.. maybe buy is some option but with very tight stop loss.
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