$SQ
Added 2023-12-01 23:38:28 +0000 UTCBuyers are stepping in every day here....we've had the value hunters buying at the trend line around $40 and doing extremely well and now we have the chasers buying out of fear that they are missing out on more upside, since the price broke cleanly above the 200 Day MA.
I think the price can push higher, even to $74 still but this is not a very good impulse structure, as there has just been one very clear wave.
I would not be adding $SQ unless I see a pull back, even a pull back to $55 here at the blue line would be the perfect scenario.
But I would be concerned for holders who are still in this if the price hits the yellow trend line at $74 without any pull back.
