Snowflake Inc.

SNOW -Short term bearish, long term bullish

321
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.

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