Investors received good economic data, which was why they freaked out that the FED may change their easing of the tightening thinking, and they sold off everything they had. At least, this is what the media told us yesterday and today. But we knew that at the current levels, bears would come back to Continue reading →
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Archive for December 7th, 2022
Posted by Martin
December 07, 2022
Posted by Martin
December 07, 2022
Technical view: Snowflake (SNOW)
SNOW is in stage #4. The company had stellar earnings that helped to stop the downward trend but not enough to reverse it. It is still in a declining trend but attempting to break above the 50-day MA. The weekly chart indicates a possible double-bottom process as well. Given the great business model the Continue reading →
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