$SNOW | Snowflake Inc: Bullish Falling Wedge Breakout [Update 2]

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: