SQ has been stuck in this massive falling wedge... bounced heavy twice off of the support trendline and held daily demand zone which are signs of SQ looking for a breakout!
I want to see SQ clear the .263 fib (209-210 to be safe) before entering into long calls.
I will keep be looking to snag 220c or 230c for 6/18
SL under 196.70
PT1: 221.38 (.382 fib)
PT2: 228.96
PT3: 241.30
Happy Trading!
If there are any other tickers you would like charted out please comment below!