Bullish- Triangle breakout
Updated
Personally am bullish on SQ here- will be watching closely for a breakout
- Sitting right on its 200day EMA
- Nearing the oversold range on the 4-hour time frame
- Falling wedge on the 1-hour timeframe and oversold on the RSI (See Chart Below)
Should pop with buyer volume, (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - Bullish and will be looking for a breakout from this triangle
https://www.tradingview.com/i/OGRNqQkM/
PT1- $255.37
PT2- $267.18
PT3- $271.76+
- Sitting right on its 200day EMA
- Nearing the oversold range on the 4-hour time frame
- Falling wedge on the 1-hour timeframe and oversold on the RSI (See Chart Below)
Should pop with buyer volume, (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - Bullish and will be looking for a breakout from this triangle
https://www.tradingview.com/i/OGRNqQkM/
PT1- $255.37
PT2- $267.18
PT3- $271.76+
Note
PT1 Reached ✅Note
Trade active
10/15' 255/290 call spread verticalsNote
PT2 reached ✅ - Trimming 1/2 position @ 115%
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