$SNOW has moved sideways here for exactly a year now but building a very strong base and showing strong signs of reversing.
The pull back for Wave 2 held at a low 0.88 Fib and has since been slow but progressing well as the market builds confidence.
Price action is above the middle trend line and comfortably above the 50 and 200 Day MA now too, big test now will be flipping this blue support/resistance line at $207 to support, potential upside will be to $340 for Wave 5 then.
TommyJR
2023-06-21 05:01:04 +0000 UTCTommyJR
2023-06-21 05:00:40 +0000 UTC