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TradeThePool
Mar 7, 2022 2:06 PM

SQSP intraday Short idea Short

Squarespace, Inc.NYSE

Description

Today's trading idea is focusing on NYSE:SQSP
The stock is gapping down to $17.5 (pre-market) after worse than expected 2022 revenue expectations.
The stock broke an all-time low of $22.43 that now became a resistance level.
The idea is to go Short at the open when it will try to move higher and fails. (What we call a gap and Go)
Comments
dailybreadone
False. The stock hasn't broken an all time low in today's move yet.
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