$SQ: Good setup
Updated
Interesting setup in 
SQ, not a fan of management but the technical setup is very good here.
Keep an eye out for it breaking into higher highs, short term data suggests it might just go straight up on Monday, but might retrace or pause a bit for a day or two after the 1st couple hours of trading.
Best of luck.
Cheers,
Ivan Labrie.
SQ, not a fan of management but the technical setup is very good here.Keep an eye out for it breaking into higher highs, short term data suggests it might just go straight up on Monday, but might retrace or pause a bit for a day or two after the 1st couple hours of trading.
Best of luck.
Cheers,
Ivan Labrie.
Trade closed manually
Probably ok to side step everything going into tomorrow...overnight might not be desirable until Powell and CPI data are out of the way.Trade active
Comment
72.64 target for today (intraday data)
Seems like a good time to join the bigger timeframe trends, since you'd get instant momentum if it goes into a higher high today (need 1 new high every 5 days for a daily uptrend, 1 every 5 weeks for a weekly uptrend)
Comment
Comment
The trade has many days left to run, until the target is hit or time expires...So for now, it's a hold.Comment
Trail stop to break even, maybe scale out gradually, it's stagnating and not moving as fast as required to the upside.Comment
Trade closed manually
Close enough to targets, probably ok to just bank this.
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