Snowflake Inc.

Snowflake attempting to breakout of the range

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SNOW is looking at potential breaking out of the consolidative range (See chart here: 스냅샷). WE maintain a buy based on our previous note on Nov 2024 (https://www.tradingview.com/chart/SNOW/wx5StyAw-Breaking-out-of-the-descending-triangle/ On the daily chart, snowflake has returned to the uptrend after prices was seen closing above all the indicators of the ichimoku. Also, the break above the small descending triangle has confirmed the bullish continuation pattern. We maintain a buy with target at 288.00 and 414 over the longer-term. Key support is at 220 and 200.

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