Snow: A Top AI Pick with Better Risk-to-Reward

about 1 month ago

Josh

"The AI stock that I think has a better risk-to-reward than Palunteer is one I predicted when it was well below $200. I said, 'This thing is going to get above 200, and we're going to climb, and it's just the beginning of the story.' And that's Snow. Look at the success that Oracle and Amazon have found in recent days. Snow has been slowly building momentum with a breakout above its IPO candle, suggesting a move towards a higher range between 320 and 354 if it holds above 280; however, a drop below 270 could result in a pullback to IPO levels."

This insight centers on Snow as a superior AI play with a more defined technical setup compared to Palunteer. The speaker outlines that Snow's breakout above key resistance levels supports a bullish outlook, targeting highs in the 320-354 range, while also noting the risk of a pullback if the price dips below 270. The call is built around clear technical markers and risk assessment.

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