The SQM is a combination of several instruments.Ģ.2.1. The Squeeze Momentum Indicator (SQM by LazyBear) is based upon the TTM Indicator by John Carter and capitalzes on the tendency for price break out strongly after consolidating in a tight trading range. They mainly describe how the SQM (TTM) work. The cited parts are the more wrinklier parts of this possible DD and sourced from the below guides. Stock price is going down, why are you saying SQM is bullish? The answer is below. THE SQM SQUEEZE MOMENTUM INDICATOR BY LAZYBEAR Maybe u/WardenElite can cover the indicator from a more experienced and more technical view! in the end, TA is more or less stonks astrology. IT IS IMPOSSIBLE TO CONSIDER ALL DIRECTIONS! This is called the chess dilemma! We can only ever react as far as it makes sense and is meaningful. Keep in mind that noone - not even the most experienced trader with the best indicators - can EVER predict to a 100% the possible outcome of a chart. This indicator MIGHT show us at least something interesting. Okay guys, first, don't get too crazy about that! An indicator is just something that SHOWS what a situation IS like - AT THE MOMENT! It is NOT the 8 Ball of truth for the upcoming future.
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