SQ Ascending Wedge Pattern - 2 hr
SQ has had a nice run up during the month of June, but showing some heavy volume that needs breaking before continuation.
We are red pre-market after a couple gap ups on 2 hr chart. This is expected, as SQ seems to need a healthy pullback to continue pushing towards 255 then 270, my two targets.
Expect a downward movement from SQ and look for entry after we have fallen out of the wedge and started getting higher highs again with some volume.
We are red pre-market after a couple gap ups on 2 hr chart. This is expected, as SQ seems to need a healthy pullback to continue pushing towards 255 then 270, my two targets.
Expect a downward movement from SQ and look for entry after we have fallen out of the wedge and started getting higher highs again with some volume.
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