Sunday Prep 8/01 - $SQ LONG & SHORT

Very similar chart to ETSY, and very similar thoughts as well. A flush toward 193 and I would be interested in the long, but if it lost 191.36 I would be very bearish on the name. After that I would only look to short pops. If it spikes off the numbers towards 52w highs I would possibly entertain the short.

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Trend Analysis

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