To The Moon

$Snowflake(SNOW)$

$Snowflake(SNOW) +2.49% Reclaims $331 With Volume Surge, Bulls Eye $340 Breakout Zone 🚀

Latest Close Data 📊 SNOW closed at $331.02 (+2.49%) on Sep 17, rebounding from a session low of $317.45 to tag $338.00 intraday. The stock now sits 13.9% below its 52-week high of $384.56, but momentum is turning after digesting insider selling pressure.

Core Market Drivers 📰 Q2 product revenue grew 37% YoY, with full-year product revenue guidance raised to $6.07B — a fundamental tailwind. However, multiple directors and executives recently offloaded over 168K shares (~$60M), and “Big Short” investor Michael Burry publicly called SNOW “severely overvalued,” capping upside conviction near-term.

Technical Analysis 🔍 Volume reached 3.76M shares (trading value $1.25B), with volume ratio at 0.89 — showing mild accumulation but not capitulation. MACD remains negative (DIF 5.99 vs DEA 8.01, histogram -4.03), signaling bearish momentum is fading but not yet flipped bullish. RSI(6) at 52.03 and RSI(12) at 53.38 have recovered from oversold territory, while KDJ shows K=27.81, D=33.64, J=16.15 — deeply oversold and curling upward, suggesting a short-term rebound is brewing.

Key Price Levels 🎯

• Primary Support: $317–318 (Sep 17 low & opening range)

• Immediate Pivot: $331 (current close, psychological round level)

• Strong Resistance: $340.33 (Sep 15 swing high); breakout targets $350 then $384.56

Valuation Perspective 💰 P/E TTM is -104.45 (negative due to GAAP losses), but P/S TTM sits at 21.49x — expensive versus traditional SaaS peers, though supported by 37% product revenue growth. Forward P/E of 146.57 remains elevated versus the historical average of 185.08, indicating the market is pricing aggressive future margin expansion.

Analyst Targets 🏦 Among 46 analysts, the average price target is $425.29 (range: $110–$525). Ratings skew heavily bullish: 14 Strong Buy, 30 Buy, 6 Hold, 1 Underperform — institutional conviction remains intact despite near-term insider noise.

Weekly Outlook 📅 Expect a consolidation range between $317 and $340 over the next week. A decisive breakout above $340 opens the path toward $350–$355, while failure to hold $317 could trigger a retest of the $300 psychological floor. Watch for volume expansion on any move above $338 to confirm bullish participation.

⚠️ Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results. Always conduct your own research before making trading decisions.

🎯 $Snowflake(SNOW) Options Strategy：Bull Call Spread

• Underlying: SNOW (Snowflake Inc.)

• View: Cautiously bullish / short-term oversold rebound toward $340–$345

• Strategy Type: Debit spread (defined risk, directional long)

• Option Contract Portfolio:

  • Buy to Open: SNOW Sep 25, 2026 $335 Call @ $8.30 (mid)

  • Sell to Open: SNOW Sep 25, 2026 $345 Call @ $4.15 (mid)

• Max Gain & Loss:

  • Max Gain: $585 per spread [($345-$335) - $4.15 debit premium] × 100

  • Max Loss: $415 per spread (net debit) × 100

• Initial Cost/Credit: Net Debit of $4.15 per share ($415 per contract)

Markets are always moving - and sometimes, the best move is knowing what works for you.

With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for Tiger Merch. This month’s hot picks are in, featuring the Tiger Toiletry Bag, Universal Travel Adapter, Tiger Umbrella and more favourites chosen by fellow Tigers.

Explore the Monthly Hot Picks in Tiger Coin Mall, now 12% OFF for a limited time.

https://laohu8.com/J/redeemGift?goodID=100561&type=delivery