SQ breakout

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Trade sets up nice. We are at a 8 on the daily, expect a test of the lower trend-line Mon/Tuesday. Earnings come out Tuesday after the bell, if positive it will be good convergence with the ascending triangle and time indicator.

٢٨ فبراير ٢٠١٨

ملاحظة

SQ didn't sell off before earning the way i expected, trade still didn't change. Take profit was on the 9. I still expect to test the lower range of the triangle, which should have additional support at the 100 ema at $41.50.