Long

SQ breakout

Updated

Trade sets up nice. We are at a 8 on the daily, expect a test of the lower trend-line Mon/Tuesday. Earnings come out Tuesday after the bell, if positive it will be good convergence with the ascending triangle and time indicator.

Note

SQ didn't sell off before earning the way i expected, trade still didn't change. Take profit was on the 9. I still expect to test the lower range of the triangle, which should have additional support at the 100 ema at $41.50.

Mausty

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