Name: Chart of the Day: SNOW 'Storming' Higher
Uploaded: 2025-06-24T12:35:57.496-05:00
Duration: 4 min 7 s

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Morgan Stanley initiated an overweight rating on Snowflake (SNOW) as shares look to make new 52-week highs. Ben Watson examines the chart patterns taking place in the tech name. On a 5-day chart, he points to $210 for downside support but shows Tuesday's premarket move higher with thin volume. For the 1-year timeframe, Ben indicates that $193 was a longer-term of support but shows that its RSI momentum study is still in overbought territory.

Chart of the Day: SNOW 'Storming' Higher

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