THE ONE THING
SNOW is an exceptional momentum leader, but the current price asks you to accept more risk than the trend needs to prove itself.

THE DECISION
Hold existing exposure.
For new exposure: wait for controlled structure or participate smaller — do not confuse a great stock with a great full-size entry.

WHY IT MATTERS
Buyers still control the stock: price, RS, MA structure and participation agree.
The move is already stretched: +19.9% in 10 sessions with HIGH 4.63% ATR.
Risk geometry is wide: about 11.3% to SMA20 and 16.9% to the visible structural reference.

IGNORE THIS
The fact that SNOW was dramatically cheaper ten sessions ago.
Extension percentile readings by themselves.
A normal pullback toward EMA8.

FINAL RULE
Own the trend; do not overpay for the entry.