Top 5 Weekly Trade Ideas #5 - SNOW

SNOW is sitting right on the previous all time low from 2022 after a brief move below. SNOW also has a nice downtrend that could lead to a big breakout above. SNOW has been deciding what it wants to do at 112 since early August and it should end up with a decent move when it chooses. A longer term upside target would be the gap fill all the way up around 133, before that I'd be looking at the 124 area.

To the downside, all time low at around 107.13 and then it's uncharted territory from there.
Chart PatternsTrend Analysis

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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
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