Up-channel Option Testing Highs in #Premarket, #Earnings by curtmelonopoly on TradingView.com
Technicals:
1. Currently trading at 46.94 in premarket, up 0.75%
2. Green arrows show price has been respecting its MA’s, and has tested the 200, 100, and 20
3. Red circle shows the MACD has turned up, and is signaling bullish
4. Red arrow signifies previous high, which price is currently testing in premarket
Watch out for a possible break over previous highs as Square continues to prove out its up-channel option.
Fundamentals:
Earnings: https://www.marketwatch.com/story/square-earnings-bitcoin-may-generate-buzz-but-its-not-what-pays-the-bills-2018-02-26?siteid=yhoof2&yptr=yahoo
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For the complete technical analysis on this swing trading set-up, click here: https://compoundtrading.com/swing-trading-periodical-contact