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$SNOW | Snowflake Inc: Bullish Falling Wedge Breakout [Update 2]
Snowflake Inc.
Long
$SNOW | Snowflake Inc: Bullish Falling Wedge Breakout [Update 2]
By AidanMDang
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Jan 19, 2021
9
2
2
Jan 19, 2021
SNOW
setup is still valid. Price has held above the $280 demand zone.
There was also a lot of unusual options activity the past few weeks. Here are a few notable trades:
SNOW $1,628,900 SWEEP $335 CALLS 02/19/21 635 @ $25.65
SNOW $1,352,614 SWEEP $330 CALLS 02/19/21 501 @ $26.99
SNOW $584,795 SWEEP $400 CALLS 02/19/21 805 @ $7.26
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
See my previous analysis here:
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AidanMDang
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