SQ has been range-bound for a long time now, and appears to be setting up for a bigger move to the upside. Based off all-time fib retracement on the monthly timeframe, if we can break this level around 100, we can see a move up to the 130s at the next fib level.
On the weekly and daily timeframe, we still have that inverted head and shoulders pattern, and SQ has...
BA developed a nice looking hammer candle off lower trendline support, which happens to be all-time value area high on the fixed range volume profile. Based off Saty Volume stack, we currently have buyers stepping in on the monthly timeframe, and it is likely that we can retest 172.93 level, in accordance with fib extension. Above this level, we can see 195.49....
