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Strategies & Market Trends : Trader J's Inner Circle
SNOW 178.05+7.8%4:00 PM EST

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To: Trader J who wrote (54544)4/4/2022 1:00:06 PM
From: Trader J  Read Replies (1) of 55477
 
SNOW: Has been a monster since my purchases at $194 and $170. Can't say I'm going in for another piece here after the rally but this is one of my conviction tech trades. They are not profitable yet but will be soon. They are in a HUGE mega-potential space and are a blue chip name. This one is a very long term hold for me and expect it to be back over $300 in short order unless the market melts down.

This is a name you buy and forget for at least 7-10 years. Then, when you look back at it, your $10,000 purchase is worth $X00k+, if they hit and continue their growth. I'm focusing more on their quarterly earnings and seeing profitability in short order. SNOW and TWLO are my two favorites for this type of potential.

The trader in me would like to take the 30% and wait for a chance to reenter lower but not going to play that game with these names.

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