Shibaba3731
2021-07-17

$Square(SQ)$ Rejected at $250 level twice. What's next?


Having failed to break $250 level twice, $SQ looks like it may be on it's way down the roller coaster. It's 8 days EMA has just crossed 21 EMA. MACD is also trending downwards. Watch out for $233.55 level closely, which is also around the VWAP line. If $SQ breaks below VWAP, it has good chance to take the "elevator" down to find 200 EMA. Remember, elevator down, stairs up. =)


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