SQ at first looked like a distribution but the Apr 13th high never went above the previous high on Feb 11th. I do see a potential false 1st spring on march 4th to the upside which didnt play out but there is another potential spring to the upside on may 19th that is slightly lower than the march 4th 'Spring" . I cant post a pic on here but if anyone else is looking at this let me know what ya think. Possibly this week we will get a better picture of the puzzle <3
I agree that this def looks like it could be distribution on the longer time frame - do you think it could test ATH again before dropping below the 190 support for the completion of distribution and beginning of accumulation again? It seems like they haven’t traded enough the last few months to truly accumulate enough to take it higher than the $280