๐ Double Digit Flip?
$Snowflake (SNOW.US)$ has the potential of double-digit returns. Let's take a close look and break it down with some technicals.
First, want are the pros saying?
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957530449-random6012-72981662-android-org.jpeg/big?area=100&is_public=true)
What are the technicals indicating?
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957533710-random4307-72981662-android-org.jpeg/big?area=100&is_public=true)
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957534302-random137-72981662-android-org.jpeg/big?area=100&is_public=true)
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957534785-random1972-72981662-android-org.jpeg/big?area=100&is_public=true)
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957535255-random9146-72981662-android-org.jpeg/big?area=100&is_public=true)
Resistance, Pivot Point, and Support?
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718967875043-random3817-72981662-android-org.jpeg/big?area=100&is_public=true)
What are the daily Moving Averages?
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718967803096-random2114-72981662-android-org.jpeg/big?area=100&is_public=true)
What do the other technicals, including the RSI, suggest?
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718967978957-random8777-72981662-android-compress.jpg/big?area=100&is_public=true)
Now, let's take a closer look at their income statement:
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957537374-random8606-72981662-android-org.jpeg/big?area=100&is_public=true)
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957537882-random7721-72981662-android-org.jpeg/big?area=100&is_public=true)
Their Balance Sheet?
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957538366-random7543-72981662-android-org.jpeg/big?area=100&is_public=true)
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957538856-random8479-72981662-android-org.jpeg/big?area=100&is_public=true)
Cash on Hand?
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718958046529-random6682-72981662-android-org.jpeg/big?area=100&is_public=true)
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957539340-random2686-72981662-android-org.jpeg/big?area=100&is_public=true)
What do previous Earnings Reports look like?
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957539795-random4691-72981662-android-org.jpeg/big?area=100&is_public=true)
Last but not least, let's take a look at the long and short interest. Then, the dark pool:
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957540238-random841-72981662-android-org.jpeg/big?area=100&is_public=true)
![๐ Double Digit Flip?](https://ussnsimg.moomoo.com/sns_client_feed/72981662/20240621/1718957540717-random7782-72981662-android-org.jpeg/big?area=100&is_public=true)
Watch the order book for large block orders dragging it down. The RSI is nearing the 30 BULLISH mark. Set your incremental alarms at and near support!
GL TRADERS!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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103869745 wen : Time to buy ?
Rockaphobic OP 103869745 wen : In an uptrend or bull market, the RSI tends to remain in the 40 to 90 range with the 40-50 zone acting as support. The current RSI has changed to 44.
Rockaphobic OP : Currently, it is sitting in the BUY range for MA's 5,10. Note that it is already below VWAP, and MA's 20,50,100, and 200.
Rockaphobic OP : Notice that the DTC, or Days to Cover, short interest is 1.68. A low DTC can indicate that investors expect the share price to remain stable or continue to rise.
Ginvest : Thank you so much for the analysis๐ซก![+1 ๐](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44d.png)
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