Chart says it all. Square is in trouble, and looks poised for a visit into the 50's.
T1: 59
T2: 55.50
T3: Dec Low 49-50.
Below that and buy with both hands.
T1: 59
T2: 55.50
T3: Dec Low 49-50.
Below that and buy with both hands.
Note
All downside from here.Trade closed manually
Still trading this in and out, but got a nice break to 59.50 enough to consider this idea valid. Look for more downside to come.
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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.