Square idea
Square inc
October 14
Failed to stay above 193 after breaking above the 193 level we managed to wick 193.03
Broke down to find a support 181.69 (Blue)
October 16
After we found the 181.69 support Square tried to push up to make another high high failed at 192.80 had a small pullback for another attempt to make another high but failed
October 21
175.76 held as support before we pushed up a bit Pre market we wicked to 180
Scenario A: (Blue) Old support will turn into a resistance and we push into lower levels 167 if that fails we can see 160
Scenario B: (Blue) will hold as a support once again we bounce off that level 181.69 and fill the gap 184.90 try to take another push to break higher highs
RSI on the 15 hourly 4 hour and daily has neutralized
October 14
Failed to stay above 193 after breaking above the 193 level we managed to wick 193.03
Broke down to find a support 181.69 (Blue)
October 16
After we found the 181.69 support Square tried to push up to make another high high failed at 192.80 had a small pullback for another attempt to make another high but failed
October 21
175.76 held as support before we pushed up a bit Pre market we wicked to 180
Scenario A: (Blue) Old support will turn into a resistance and we push into lower levels 167 if that fails we can see 160
Scenario B: (Blue) will hold as a support once again we bounce off that level 181.69 and fill the gap 184.90 try to take another push to break higher highs
RSI on the 15 hourly 4 hour and daily has neutralized
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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.