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MichaelEugen1
Jul 5, 2022 10:10 PM

Possible pullback into larger bounce 

Block, Inc.NYSE

Description

Hello all,

I'm currently watching SQ as a swing long on a potential pullback into the end of the week to benefit from a potential market bounce that I've been anticipating into the end of July; I think we are repeating patterns across the board that we made in the lead-up to the march fakeout Rally- made a rectangle around where I suspect we are in said lead-up. Not everything will be 1 for 1, of course, but my convictions through July are that we go higher before the market eventually makes the next leg lower. Best of luck all!
Comments
MichaelEugen1
Working nicely. Still holding position, looking for exit next week most likely.
Priyamgupta
@MichaelEugen1 what is your price target on this I am also holding but will get out for 10-15% profit if I can
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