ricemarine

Bears aiming for $130?

Short
ricemarine Updated   
NYSE:SQ   Block, Inc.
Signs:
  • Breakdown from the $190 support zone.
  • Bullish butterfly detected. Going from C to D.
  • Matches angle of channel on weekly.
  • 200 SMA on weekly is around $130
  • SQ currently below 50 & 200 SMA on daily
  • RSI pointing to selling pressure. No signs of bullish divergence yet.
Comment:
Reached target price. In PRZ.
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