SQ outlook; help pls
Hi, am a new trader and new to chart patterns etc. anyone want to let me know what they think about this simple analysis of square?
price as of last close testing resistance at 195, if it breaks through as it may appear is happening, it could find resistance at around 210 which may see a reversal and test support at 195. if it breaks below support at 195, i can see it hitting 175-180 which is a buy point; this is ofcourse unless it breaks through 210 at the top of the long term trend line which could send it flying
bitcoin can definitely be supporting the recent surge of this stock
price as of last close testing resistance at 195, if it breaks through as it may appear is happening, it could find resistance at around 210 which may see a reversal and test support at 195. if it breaks below support at 195, i can see it hitting 175-180 which is a buy point; this is ofcourse unless it breaks through 210 at the top of the long term trend line which could send it flying
bitcoin can definitely be supporting the recent surge of this stock
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