SQ - Building "Block"

vor 19 Stunden

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 After being stuck in an accumulation phase for almost two years, SQ has finally broken above its range.

The shift in momentum is now confirmed in favor of the bulls, with the price trading within the rising channel marked in blue.

🏹 As SQ retests the lower blue trendline, I will be looking for trend-following long positions, targeting the $200 round number.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich