$SQ Channel Breakout Test

6 ביולי 2022

SQ attempting a breakout of channel, we will have to see over the next few trading sessions if it will hold or break back down into the channel. My guess would be it will break back down if we look back towards the last few attempts, but upside could be quick and violent if it finally comes.

The Trend is Your Friend.

my position is 1 option contract - July 29 $78 strike ($1.44)