SQ looks to continue higher

If we have a pull back, $43 would be a great support to buy on the hourly chart.

In the meantime, buying off the 50 day EMA on the hourly time frame would be a great idea.

Here is the hourly chart:

تم فتح الصفقة:

Currently long 200 shares with Feb $46 and $50 covered calls. Also, in a LCD (Leap Call Diagonal) with the short call being the Feb $43 strike.

تعليق:

WOW I hope some of you picked up some shares or calls on today's bounce off $43!!!

تعليق:

If we close below the candle on January 30, look for a move to the 20 day ema then the 50 day ema for a bounce.

Still holding 200 shares with $46 and $50 covered calls for Feb 16 expiry.

تعليق:

And the LCD. Max profit is at $43 so if we can bounce back after moving down further, if we do, that would be ideal before rolling the short call to the next month.