The daily chart here hints that once the orange support line breaks, downtrend starts. And thus will lead to the the downtrend of the weekly chart (second chart) to begin. I am expecting it to break at least $70 next week and then break $60 in the near future (2-3 week).
Chart 1: The volume has decreased while the price moved up, meaning once a breakout occurs, there will be a high chance of a huge downfall. The lack of volume shows lack of buying power, and we all know what happens when the sellers comes in while there is a lack of buying power...
Chart 2: SQ should test new lows if not at least create a double bottom.
Disclosure: I/we have no positions in any stocks mentioned, but may initiate a short position in SQ over the next 72 hours.