Saturday, October 10, 2026

SNOW stock | D chart | How to analyze the earning gap-up 20% | How to analyze the retracement? | How to plan a trade?

Facts to review on Day chart
  1. SNOW stock was above EMA 50 and below EMA 20, price $303.89/ share on Sept. 2 2026, one day before earnings. 
  2. Earning was on Sept. 3 2026, SNOW stock went up over 20% because of short rate was around 6%, short squeeze
  3. After 8 days, SNOW stock went down to $317.45/ share on Sept. 16 2025, and then it rebounded, still above EMA 50
  4. How to purchase SNOW and then catch a rebound with best risk and reward ratio? 
  5. First, SNOW stock should go back to higher price based on earnings gap-up 20% - How to figure out?
  6. Second, the bottom 2 was market on March 28 2026, $316.13/ share
  7. Best choice is to place an order near bottom 1 around $31.45/ share and then expect SNOW stock will go higher than EMA 20
  8. Make sure that SNOW will continue to go higher based on recent earning





The following day chart showed that SNOW stock went up 26% after earnings and then dropped after 7 days to lowest price 17% down. 

The question is to observe 17% retracement and then prepare to get in near the same price for a quick rebound above EMA 20. 

Questions to ask: 
  1. If SNOW stock continue to be strong uptrend stock and then hold above EMA 50? 
  2. Where are those EMA 20, 50, 100, 200? SNOW is above EMA 100 and EMA 200 and above EMA 50
  3. SNOW stock went down EMA 21 but still above EMA 50 






Build a W shape base - Equal low - it is a common shape for a base 



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