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stockmankam
May 21, 2021 6:10 AM

SQ looking for a push to 240? Long

Block, Inc.NYSE

Description

SQ has been stuck in this massive falling wedge... bounced heavy twice off of the support trendline and held daily demand zone which are signs of SQ looking for a breakout!

I want to see SQ clear the .263 fib (209-210 to be safe) before entering into long calls.

I will keep be looking to snag 220c or 230c for 6/18

SL under 196.70

PT1: 221.38 (.382 fib)
PT2: 228.96
PT3: 241.30


Happy Trading!

If there are any other tickers you would like charted out please comment below!

Trade active

First PT was reached today! Congrats to anyone holding!
Comments
AlgoHussle
Nice solid TA, Played out perfectly. Whats your PT for today?
stockmankam
@MiYagi007, Thank you! Overall I like to swing trade so I have a PT of 229 and 241!
stockmankam
@MiYagi007, Just realized you're also in X-trades haha, my discord name is Turtlemankam, I see your content all the time! Happy to see a fellow member reach out!
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