Block, Inc.Long
Is SQ about to have another bullish run into earnings...?
Sooo..., I have roughly 3 studies on the chart. Andrew's Pitchfork (to track the uptrend and the bounces within the range (SD)), Price Action Fib as well as the Fib time trend. So far, here are my thoughts...
1.) SQ is repeating the swing pattern from last earnings between 7/24 and 8/5 and right on time too.
2.) SQ is currently sitting on the .5 fib as support and also at the support end of Andrew's Pitchfork (MEANING a reversal to the up side).
3.) Following the swing up from the last earnings, i project SQ is moving towards the 1.272 fib ($207) by 11/5. Play the run up into earnings.
Please like, comment and share your thoughts.
1.) SQ is repeating the swing pattern from last earnings between 7/24 and 8/5 and right on time too.
2.) SQ is currently sitting on the .5 fib as support and also at the support end of Andrew's Pitchfork (MEANING a reversal to the up side).
3.) Following the swing up from the last earnings, i project SQ is moving towards the 1.272 fib ($207) by 11/5. Play the run up into earnings.
Please like, comment and share your thoughts.
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.