ANNX was trading in a nice bullish trendline.
We broke trendline and traded lower into support level, we supported that level with a strong rejection and increase in volume.
Now we are creating a reverse head and shoulder pattern ,signaling a bullish move at least into resistance at $8.00
Looking on a weekly chart we can see that SQ is in a consolidation for over 2 years.
But if we look closely we can what was building in there, a head and shoulder pattern and in November we broke resistance level and neckline.
I'm conforming that its a valid breakout with the increase in volume at the breakout.
Now we had the retest to neckline/new support.
Now...
