Swing trade! Long opportunity! Snowflake (SNOW)
I can see a Long swing trade opportunity in SNOW.
Stock is in downtrend, but recently it shows a fading wedge pattern towards the long term support with reduced volume showing loosing interest of sellers.
And recently breaking out of the wedge hinting a reversal pattern and provides us with a Long opportunity.
CMP : 128
SL: 120
T1: 143
T2: 168
Stock is in downtrend, but recently it shows a fading wedge pattern towards the long term support with reduced volume showing loosing interest of sellers.
And recently breaking out of the wedge hinting a reversal pattern and provides us with a Long opportunity.
CMP : 128
SL: 120
T1: 143
T2: 168
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