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TheTradingDistrict
Nov 19, 2019 1:01 AM

SQ- Square breakout soon! Long

Block, Inc.NYSE

Description

Price is currently right at the breakout neckline. We need price to break into the 67.00's before we can look for buys. In addition, price is above our 180 ema on the H4.

If price breaks into the 67's, we will be monitoring this area for potential retest for long opportunities.

Price may potentially fill the gap to the left. Key resistance levels to keep in mind are:
-69.75
-74's
-78's

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Comments
ogdabber
Nice! I always appreciate more conservative outlooks... SQ is looking sharp!
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