Block, Inc.Long
SQ short-term play for week of 1/11
Workshopping an idea for SQ next week. Volume seems consistent for the latter half of this time frame, TSV is over the 50% line, RSI is on the high side, but still in the comfort zone. The three moving averages came pretty close together, could be signaling a bigger move on a longer scale. ATR is headed down, which may be showing that short term major price fluctuations are settling down, which to me says it will be a steady ride upward.
Idea may be updated during the trading day ahead.
Idea may be updated during the trading day ahead.
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