Snowflake Inc. ($SNOW) is showing strong performance in the stock market, breaking out of a multi-week base. The stock has moved above the 50-day moving average (50ma), with an alert sounding to notify traders. It has reached new highs and is testing multiple time frames (MTF). Investors have reported significant profits, with some locking in gains of over 150%. The stock's upward momentum has been noted by various market analysts and traders, with some having written up the stock for their members earlier this week.