SNOW pulls bak on Earnings Discount Sale

アップデート済
SNOW on the daily chart pulled back from decent earnings to in a massive bearish candle down

into its intermediate-term fair value zone near to the mean anchored VWAP and the POC line

of the volume profile. It is entirely possible that many traders sold SNOW at its highs when

they got FOMO over NVDA and needed to free capital to get more cash in their accounts

after buying NVDA . This could have easily helped SNOW go down despite decent earnings.

No matter if SNOW is on sale, I will buy it now setting a stop loss @ $145.00 and watch for

a Fibonacci-style retracement halfway back to the Pirvot high from which it fell for a first

the target of $ 170, a second of $180 ( one third of the position for each) and the final at

$170. In the meanwhile, I have a position on NVDA to play a possible drop.

トレード稼働中
Price up 4 % while call options hit 18 % trending up
トレード稼働中
Options now up 110% looking good. Bought the dip. Will hold another day before starting to take partials tomorrow over the remainder of the week.
トレード稼働中
Starting to draw down the position and realize the profits. Price action still up.
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