Stock to watch: Snowflake Inc (SNOW) - re-upload

26 Kas 2020

SNOW

Re-uploading the original idea from Nov 24 (which was brutally deleted by the moderators LOL) 👇🏻

Original chart from Nov 24

Original idea was: May be an interesting stock to trade: Buy/Sell Zones Indicator shows that the price is in the green zone, indicating buyers interest. Targets for Long play may be previous highs up to 1 Fibonacci. The pre-market shows a small potential recoil that can give a good Long entry point.

The bias didn't change much - Long may be taken at a potential pullback + extend targets up to 1.618 Fib or even higher.

Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.

1 Ara 2020

İşlem aktif

Almost reached desired target (1 Fib).
I'm leaving 10% of the position for further growth + moving stop-loss to a safe(profit zone).
Also anticipating trend continuation = will try to scale in to a full position size on a potential intraday price correction.

14 Ara 2020

İşlem kapandı: hedefe ulaştı