Correction to 100D SMA for $SNOW

Zaktualizowano
Snow looks to have double bottomed after a very strong selloff after earnings. This would be a good place to correct to its key moving averages.

Jul 12 128C
Uwaga
If it ain't SNOWing I ain't going! Higher! Price action around $133 will give us a good idea if we can get this squeeze to the $150 range. If we do not blow right past some consolidation may be needed. Other places where SNOW was oversold we almost always got a quick squeeze to the 100D SMA
Uwaga
Had no idea it was summer with all this SNOW. Strong end to the week.
Uwaga
Let it SNOW.

Planning on taking profits around $150
Uwaga
Took profits here around $142.7 21 day EMA may provide some resistance. Will let the rest run Still looking for $150 range.
Trend Analysis

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