SQ coiled ready to pop to $80+ ahead of earnings

2019년 2월 12일

SQ at a major trendline resistance area from the ATH. People jumped on board short yesterday as you can see the increase in volume and a bearish looking candle.

My plan is take the break of that bearish candle of yesterday with a target of $86 area with March $75 calls stoplimit $5.70 with a stop at $4.50-.60. Not risking more than $250.

As always let price discovery be your guide :-).

2019년 2월 13일

액티브 트레이드

Filled.

2019년 2월 13일

노트

Don't like that daily candle that just came in today. A move above today's high could squeeze above $78 into the $80+ range. Let's see what happens the rest of the week.

2019년 2월 15일

노트

Here's my new plan on this SQ trade:

2019년 2월 21일

거래청산: 스탑 닿음

Stopped out on this trade. No momentum.