ArniBarni

The Mother of all triangles

NYSE:SQ   Block, Inc.
Yesterday SQ broke just slightly under the ascending trend line. but if it holds 75 today, the trend is intact - for now.
As the markets have risen relentlessly and without any notable pullback, at least one small correction is expected. Now considering SQs consolidation phase, whilst the market was growing considerably, SQ might have some more downside to it, before it continues its rise.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.