SQ long neutral short analysis
sq below all the moving averages.
below 100 and 200 day EMA (exponential moving average)
Momentum looks to be bearish.
Bullish case, we can see a bounce from $225-$220.00
Volume profile is wide until $212.00.
Big funds looks to add at a discount.
Neutral case
However in the short term i will be looking to see if $225.00 breaks
with volume to catch a 10 point move to $210.00
Bearish case
$210.00 and $200.00 is the biggest support zone, if that is broken with volume
we can see a change in trend until than this stock can tade in a range.
However below $210.00 we can see a drop down to $160.00 -$150.00
below 100 and 200 day EMA (exponential moving average)
Momentum looks to be bearish.
Bullish case, we can see a bounce from $225-$220.00
Volume profile is wide until $212.00.
Big funds looks to add at a discount.
Neutral case
However in the short term i will be looking to see if $225.00 breaks
with volume to catch a 10 point move to $210.00
Bearish case
$210.00 and $200.00 is the biggest support zone, if that is broken with volume
we can see a change in trend until than this stock can tade in a range.
However below $210.00 we can see a drop down to $160.00 -$150.00
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