Block, Inc.
Long

Top 5 Weekly Trade Ideas #3 - SQ Breakout

249
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.

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