If SQ can breakout through resistance at $260 then theres a chance it could run to the next resistance around $270 - $275.
07/23 SQ formed a hammer candle stick on the daily chart , which can often represent a bullish reversal signal.
It didn't quite touch support at 223, and yesterday on 06/20 SQ blew right through resistance at $246, as well as the 50 EMA (green) - which ended up acting as support for a brief moment prior to the breakout.
07/23 SQ formed a hammer candle stick on the daily chart , which can often represent a bullish reversal signal.
It didn't quite touch support at 223, and yesterday on 06/20 SQ blew right through resistance at $246, as well as the 50 EMA (green) - which ended up acting as support for a brief moment prior to the breakout.
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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.