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SQ Completed 80% Retrace from ATH
Long
SQ Completed 80% Retrace from ATH
By Malongs
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Jul 15, 2022
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Block, formally Square, has came back to earth after its recent orbit to the moon.
After a parabolic uptrend, key levels to watch for are an 80% retrace. Which happens to line up near the fib line.
I'd expect an accumulation phase to take a while.
SQ is a good stock to own during times of high inflation.
Thanks for reading!
Trend Analysis
Malongs
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