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UnknownUnicorn1020621
Nov 24, 2019 11:52 PM

SQ: Volatility Squeezeeeeeeee Long

Block, Inc.NYSE

Description

Weekly squeeze on the table. Relative volatility coiling, Historical volatility @ all time low.. We might explode soon.

Comment

also 60 lvl held as support. Market is a raging bull at this time. No double bottom, straight to the moon possible after that B.S. drop during the ER.

Comment

daily status

Comment

see if we get a dip, Will be watching until then.

Trade active

Comments
ogdabber
Tomorrow, Friday, or next week?

We've seen some strong price action over the last couple days... I suppose market sentiment may be stronger than I personally felt... I don't see too many hiccups between SQ and $80
UnknownUnicorn1020621
@ogdabber, That's what I see, but its hard to time institutional movement on stocks like SHOP, SQ, ROKU, TTD and other overhyped darlings, mostly because they are more sentiment driven vs algo driven. Put a logical price target, a trailing stop and ride the train I guess.
ogdabber
Nice! I see a possibly hesitant next few days of trading [for SQ], and if bulls can push through, then this will likely fill the gap by beginning of December. We may see brief touch back down around 63, and then continue back up. I’m looking at multiple time charts—some indicators seem bearish, but could be squeezed! We shall see!
UnknownUnicorn1020621
@ogdabber, With crammer hyping this stocks, and if the big boy around 81 mark doesn't sell, this might make a new ath by the end of december.
UnknownUnicorn1020621
@ogdabber, This set up also have multiple breakout setup along with squeeze setup.
UnknownUnicorn1020621
@ogdabber, I would load my boat if we get that 63 drop.
ogdabber
Looking into it more, I’m glad I got your read on this... def anticipate something nice price action over the next few months! I will likely open some long positions within the next week or so, especially on my anticipated dip before the surge!
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