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Silvestrov

No snow for Snowflake

Short
Snowflake Inc. (NYSE:SNOW)  
Silvestrov  
NYSE:SNOW   Snowflake Inc.
Support and Resistance Head and Shoulders snowflake SNOW Equity shortidea overvalued
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supportandresistance headandshoulders snowflake snow equity shortidea overvalued
SNOW is one of the most overpriced companies you can find right now.

After post IPo rally, stock is struggling lately with poor relative strengh to Nasdaq.

Potential breakdown of Head&Shoulders gives potential for new lows at $200 right now.

However, its not low risk entry idea, so prepare for some volatility.
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