SNOW -Short term bearish, long term bullish
I was very bullish on SNOW until I realized a few things.
1. Decreasing volume on daily
2. Weak RSI
3. Strong resistance at triangle around $145, both daily and weekly closing below it.
Expectation...
Currently basing $140-$144.
Breakout to the upside WITH VOLUME and I'm looking for $158.
Breakdown of $140 I'm not touching until $125 backtest.
1. Decreasing volume on daily
2. Weak RSI
3. Strong resistance at triangle around $145, both daily and weekly closing below it.
Expectation...
Currently basing $140-$144.
Breakout to the upside WITH VOLUME and I'm looking for $158.
Breakdown of $140 I'm not touching until $125 backtest.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.