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Snowflake (SNOW) is setting up with multiple squeezes across key timeframes, and it is one I am watching closely for a potential move higher.
In this video, I break down the daily Ideal Squeeze, along with the 4-hour and 2-day squeezes currently developing on SNOW. With price sitting near the daily 21 EMA and holding around a key Voodoo Treeline level, I walk through the setup, where I would consider entering, and the upside targets I am watching.
My first target is the Voodoo Fireline near $371, which represents roughly a 2 ATR move. If momentum continues, I am also watching the previous high around $384 to $385 as a potential extended target.