Determine the next target for $SQ is not an easy task.
But the least I can say about is SQ heavily depends on $SPY direction. And with cases of Omicron spotted in muliples states, FED tapering, 30-Yr Treasury yields leaping,
things can get ugly for $SPY if it crosses down 450 line.
As the context is set, Let us look at the daily chart:
- $SQ has already crossed a...
IONQ will probabily gain traction as it is presently on disjoint channel supports.
In addtion, IONQ is presently on talks with Goldman to sale quanum machines which will help or montecarlo simulations
So, the stock will probably surge to resistance if there is news
$SPY is heading $421.. that's a sure thing but it can bounce tomorrow on that $428 support to reach 432-435 levels before sliding down again imo. anyway let's see
My insight upon $CEI :
If we break the flag at 3.25 and the major 3.4 resistance, the next stop is likely the resistance at 4. Although if markets go red tomorrow in regards of jitters provoked by Evergrande, we must stay above 2.75-3, otherwise it can go messy.
