AyBe_Invest

Square stock is trading inside the box. SQ analysis

NYSE:SQ   Block, Inc.
Hi everyone,

Today we are taking a look at SQ perfomance.

As always, I've put the stock inside my boxes.

SQ has been trading with high volatility inside 190-280 range for almost a year now.

Key demand areas:
191-197
222-230


Key supply area:
281-288

My outlook:
To go for ATH we have to break 290 and consolidate above.

To start a position look for the entry inside the demand zones.

I think the company has a great long-term potential in fintech space with crypto adoption, so I am long.

Trade wisely and good luck!
-----------------------------------------------------------------------------------------------------------------
Disclaimer!!!
This is not financial advise.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.