$SNOW latest market update 🚀
Long/Short: Long
Entry: 290.1605–292.2597
Stop Loss: 288.9943
Targets: 293.8925/296.2250/299.7237
Analysis Reason: Wow, SNOW’s move really gives me a pain in the chest. That morning pullback—my hands were so itchy I cut my long position. Now the EMA short crosses above the long, MACD is forming a golden cross, RSI is 60.9 neither here nor there—yet it’s all bullish signals. But I just got stopped out right before dawn. At 291.56, it’s only a little over two bucks away from my stop loss at 288.99, and it simply wouldn’t drop. It pushed hard upward. Tell me, how annoying is that? I slapped my thigh and barely felt anything. But if I calm down, it’s just a bullish-leaning consolidation. Don’t blindly rush in just because it’s bullish—there’s definitely going to be grinding resistance overhead, grinding until you start doubting yourself. If you want to follow, go in with a light position and use a stop loss of 288.99. If it breaks, you admit defeat; if it doesn’t, hold it. Don’t keep failing to hold your trade like I did—getting slapped in the face over and over is on you. This market is curing people like me who can’t stop itching to trade.
Risk Warning: Suggested stop loss level: 288.994272. Please adjust your position size according to your own risk tolerance
#SNOW