#SNOW Potential for both Bears and Bulls

٢٨ يناير ٢٠٢١

Snow is range bound and moving very tightly between both bull and bear trend line. long term outlook is bearish post lock up expires in March but for next 30-40 trading sessions it can go up to 320 if it breaks the trend lines or tight triangle it has formed. Most likely it will dip and probably gap down to 230 or 240. My bet is short at 280 - stop loss 284 and enter long if crosses 290

٢٨ يناير ٢٠٢١

ملاحظة

to go to 230 it has to break the resistance at 264.