Bullish- Triangle breakout
Personally am bullish on SQ here- will be watching closely for a breakout
- Sitting right on its 200day EMA
- Nearing the oversold range on the 4-hour time frame
- Falling wedge on the 1-hour timeframe and oversold on the RSI (See Chart Below)
Should pop with buyer volume, (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - Bullish and will be looking for a breakout from this triangle
https://www.tradingview.com/i/OGRNqQkM/
PT1- $255.37
PT2- $267.18
PT3- $271.76+
- Sitting right on its 200day EMA
- Nearing the oversold range on the 4-hour time frame
- Falling wedge on the 1-hour timeframe and oversold on the RSI (See Chart Below)
Should pop with buyer volume, (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - Bullish and will be looking for a breakout from this triangle
https://www.tradingview.com/i/OGRNqQkM/
PT1- $255.37
PT2- $267.18
PT3- $271.76+
Note
PT1 Reached ✅Note
Trade active
10/15' 255/290 call spread verticalsNote
PT2 reached ✅ - Trimming 1/2 position @ 115%
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.