Square idea

Square inc


October 14
Failed to stay above 193 after breaking above the 193 level we managed to wick 193.03
Broke down to find a support 181.69 (Blue)

October 16
After we found the 181.69 support Square tried to push up to make another high high failed at 192.80 had a small pullback for another attempt to make another high but failed

October 21
175.76 held as support before we pushed up a bit Pre market we wicked to 180

Scenario A: (Blue) Old support will turn into a resistance and we push into lower levels 167 if that fails we can see 160

Scenario B: (Blue) will hold as a support once again we bounce off that level 181.69 and fill the gap 184.90 try to take another push to break higher highs

RSI on the 15 hourly 4 hour and daily has neutralized