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Top 5 Weekly Trade Ideas #4 - SQ Falling Wedge
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SQ made the top 5 list two weeks in a row. Don't usually like to the post the same tickers back to back, but it worked last week and I like the looks of it again. Got a nice breakout and now it's holding $94 and forming another bull flag/wedge. Looks great for another long with a stop below $94.
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This was one of my personal favorite, had some good opportunities on it last week as well. Another nice breakout today, potential resistance above near the recent high, final target is $100.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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