DarkSideOfTheMoon

SQ could see sub 60 within a week

NYSE:SQ   SQUARE INC
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At this point SQ is best viewed on the 1H and 4H chart.
Comment: At any day of this week, if the stock ends the day below $60.51 (negative candle), you are safe to ride it down under $55-58.
Nice Chart BTW Did you trade it?
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@Ayohan, I did/do, I had puts for the drop from 80 in July and now bought puts again 2 weeks ago :) You?
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Ayohan DarkSideOfTheMoon
@DarkSideOfTheMoon, I was going to short Straddle it. September 20 50-60 range.
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Ayohan Ayohan
@Ayohan, I am the stock, should have take profit like you did
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@Ayohan, the stock might re-trace to 60.XX's the next day(s) before finally diving, you could buy then and sell around 49-52...
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how long do you think it will stay sub 60
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@Ayohan, I'd say around mid next year? The stock will touch 40 first before anything else. It's picture clear on the monthly chart :)
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