Greetings All,
I"m very short-term bullish on SQ with at $250 Target, based upon Support / Resistance and the 2H RSI being oversold. I opened a 240/242.5 Call Debit Spread this afternoon. Be careful with earnings, since IV tends to drop on after the release. SQ may drop further to $217, and then $203. I'm LONG at both price points.
Happy Trading!
I"m very short-term bullish on SQ with at $250 Target, based upon Support / Resistance and the 2H RSI being oversold. I opened a 240/242.5 Call Debit Spread this afternoon. Be careful with earnings, since IV tends to drop on after the release. SQ may drop further to $217, and then $203. I'm LONG at both price points.
Happy Trading!