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Joined Aug 3, 2020
candlestick
pivotpoints
supportandresistance
trendanalysis
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The Spanish Ibex 35 has turned Bearish, with a break below a key resistance point. Shorting the index until first Target support-resistance at 6550. Trend is invalidated if it breaks the overhead resistance trendline at 6974. Target: 6550 Exit if invalidated: 6979
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Square has been rising in 2020, especially with the accumulation of Bitcoin on its books. Today's PayPal news with them launching into the Crypto market - sees a Big Gorilla enter to give Square competition. Short-term, it will look to retest the support/resistance line at $170, so take profits at this level and the monitor whether it bounces up or continues...
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