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Is SNOW positioned for a breakout? New 52 Week Closing High shows up after gaining 4.66%
On Thursday, October 2nd, SNOW moved up 4.66% while volume was to 0.8× the usual levels. Multiple bullish signals emerged — New 52 Week Closing High, Stochastic Reached Overbought & MACD Bullish Signal Line Cross — suggesting potential strength ahead. Key support levels exist at 234.09, 226.88 & 223.24, with resistance at 244.94, 248.58 & 255.79. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SNOW: B
Today’s move could mean more—check all the signals for SNOW on SwingTradeBot.
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