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w0nderw0man
Mar 9, 2021 6:34 PM

Interesting chart! 

Block, Inc.NYSE

Description

Square has been forming a bull horn pattern, some call it bullish megaphone. Now is a very good entry point! Good luck trading!

I am not a financial advisor, and this post is informational only. Trade at your own risk.
Comments
Oscarthefuzz
I agree, I think Square is ready to go again, that whole market correction affected it really badly and it didn't deserve that much of a beat down
w0nderw0man
@Oscarthefuzz, If the market correction is over, which I hope it is, next stop $300. Expect some resistance there and take off some profits.
Oscarthefuzz
@w0nderw0man, My cash is stuck in a SPAC unfortunately so nothing to play with at the moment, bad error on my part but there ya go it will come good in the next month or so I would imagine, GL with your trading
w0nderw0man
@Oscarthefuzz, Same! I am stuck in multiple SPACS, all have been under attack lately. But I was able to average at the lows. I always keep 30% cash of my portfolio. Hope the correction is over or I will be 100% in....GL to you too!
Oscarthefuzz
@w0nderw0man, I have been considering keeping a lump of cash in the portfolio for averaging down, wise move, something I will hopefully be doing in the future, I am stuck in IPOD, what are you stuck in SPACwise?
w0nderw0man
@Oscarthefuzz, my biggest loss is in UWMC and CIIC but I have sold a lot of calls and made good money so loss is only on the paper. I hold also RAAC, IPOF, IPOD, GOEV, ACEV . They are now at the very bottom but my losses are limited and plenty upside.
Oscarthefuzz
@w0nderw0man, Good to know, will check them out!
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