SQ Play The Move

٢٩ ديسمبر ٢٠٢٠

Markets seems to have rotated to the safer haven stocks today, such as FAANGs and blue chips. SQ, a consistent producer for the year, could be in a much needed pullback or retracement as a result. RSI trend has snapped but is still in bull zone.

Key support levels to watch are the 220, 214 and 200. Must have confirmation first, though. Purple box for ideal reversal area.