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SNOW: Bullish Setup Explained
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SNOW: Bullish Setup Explained
SNOW broke upward and the current pattern looks similar to the pattern on the left side of the chart, signaling strong bullish momentum.
We can observe a clean breakout above the resistance zone near $227.
Sharp bullish candle confirms momentum.If SNOW holds above the breakout zone and consolidates, it could build momentum for a push toward $290.
Target Zones:
255 - Short-term traders may take profit here
270 - Mid-level resistance
290 - Major resistanceYou may find more details in the chart!
Thank you and Good Luck!
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