SE 1D I SE recently broke out from a massive downtrend on the daily. It is making a double bottom near $65 and our OS ALGO picked up activity on the $69 strike!
MSFT 4H I MSFT is making a higher low as earnings approach. Resistance near $255 and our scanners are picking up significant bullish activity on the $260 strike for 07/22.
SQ 1D I SQ is down nearly 80% from all time high. It is trading within a wedge pattern on the hourly and based on unusual options activity SQ is likely to run up into earnings.
SPY 4H I SPY macrotrend remains bearish, however it recently broke out from a downtrend on the hourly. Resistance near $385, $400; and support near $380.
MSFT 4H I MSFT is making a higher low as earnings approach. Resistance near $255 and our scanners are picking up significant bullish activity on the $260 strike for 07/22.
SQ 1D I SQ is down nearly 80% from all time high. It is trading within a wedge pattern on the hourly and based on unusual options activity SQ is likely to run up into earnings.
SPY 4H I SPY macrotrend remains bearish, however it recently broke out from a downtrend on the hourly. Resistance near $385, $400; and support near $380.