If we zoom out onto the weekly chart here, you can see 
SNOW is taking a clear beating, dropping 7.16% to $119.77. The stock has broke through key support levels, and the bearish trend is clear with descending channels signaling more downside. With increased selling pressure and volume spiking, it's not looking good, imo. If the support around $115 doesn't hold, we could see even more declines (especially with VIX over 20!). It's probably time to be cautious and watch for any signs of a bottoming action before considering any moves.
SNOW is taking a clear beating, dropping 7.16% to $119.77. The stock has broke through key support levels, and the bearish trend is clear with descending channels signaling more downside. With increased selling pressure and volume spiking, it's not looking good, imo. If the support around $115 doesn't hold, we could see even more declines (especially with VIX over 20!). It's probably time to be cautious and watch for any signs of a bottoming action before considering any moves.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.