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otis_bagshots
Nov 23, 2020 11:06 PM

SQ Trading Near Top of Channel Short

Block, Inc.NYSE

Description

Square might be due for a pullback to ~$170 (0.236 Fibbonacci level & channel support line).
- An extended bearish RSI divergence forming on day chart.
- Trading near top line of resistance and above upper Bollinger band (2 standard deviations from 20 moving average).
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