Snowflake Inc.
Long
Aggiornato

Double Bottom Reversal and Channel breakout

686
SNOW has been correcting in a bearish channel since November 2025.
It has recently made a double bottom reversal near 118 and broken out and tested the descending channel.

I would expect it to break the resistance of 157 and go long. It needs to break another resistance at 184 to hit the target 193 for now. Will revaluate as it goes.

Should not fall below 130 (SL)
Trade attivo
SNOW is flying as expected, multi-bagger rally.
Trade chiuso: obiettivo raggiunto
SNOW hits 280. trade closed. will re-evaluate the buying at dip opportunity,

Ideally, it should hold above 230 gap. Extreme case, 185-190 will be a great level for an aggressive buying.

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