Stock Of The Day: Will Snowflake Refill The Gap?
1. Snowflake reported earnings of 30 cents per share, exceeding estimates. 2. Revenue for the quarter was $943.3 million, surpassing the expected $914 million. 3. Breaking past the $194 resistance level could lead to rapid price increases. 4. Recent trading indicated a gap, suggesting potential for upward momentum. 5. Lack of remorseful sellers may facilitate a quick transition to higher prices.