Block, Inc.Long
Top 5 Weekly Trade Ideas #3 - SQ Breakout
I would say this is a very bullish looking chart for SQ. Big gap up above its falling wedge. I'd expect more upside, but so far it failed to sustain above $94. $94 will be my main level here. The context is bullish so I'll stick to the long bias for now, but I wouldn't be excited about longing it now under $94. If it can reclaim and sustain above I'll be looking for dips to buy.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.