Long
SQ LEAP Potential
NYSE:SQ
With the FED's announcement of possibly only TWO rate cuts in 2025, my eye is on companies like NYSE:SQ,
AFRM, and PYPL.
NYSE:SQ had the most beautiful set-up, to me, so I began here!
The "perfect" set-up to me would be if the potential H&S pattern played out and we saw SQ push back towards the 92.65 level, reject back down towards 80.50-81 and hold the .382 Fib level AND the weekly support trend line.
However, if bullish momentum is strong, a weekly break above 92.65, with correlating volume, and I will look to enter and target 99, 107, 117.
With the FED's announcement of possibly only TWO rate cuts in 2025, my eye is on companies like NYSE:SQ,
AFRM, and PYPL. NYSE:SQ had the most beautiful set-up, to me, so I began here!
The "perfect" set-up to me would be if the potential H&S pattern played out and we saw SQ push back towards the 92.65 level, reject back down towards 80.50-81 and hold the .382 Fib level AND the weekly support trend line.
However, if bullish momentum is strong, a weekly break above 92.65, with correlating volume, and I will look to enter and target 99, 107, 117.
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