$SQ Topping Out - Retrace sub-$120 Upcoming

8 ביולי 2020

SQ Topping Out - Retrace sub-$120 Upcoming

Feels like its topping out, volume is starting to dissipate.
Price now ~75% above the 200d ema on the daily chart - definitely getting over extended at this point.

This would be a risky short, not recommending. However if you're long you might want to consider taking some profits here.


Expecting to see a retrace from these levels back to the $120 area near term.



Note : Not investment advice.