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jacobosiason7

Flagging- Bullish - Update

Long
Block, Inc. (NYSE:SQ)  
jacobosiason7 Updated   
NYSE:SQ   Block, Inc.
Trend Analysis Chart Patterns Technical Indicators Bullish Patterns breakout hidden_divergence harmonic_pattern supply_and_demand falling_wedge buyer swingtrade golden_cross
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trendanalysis chartpattern indicator bullish breakout hidden_divergence harmonic_pattern supply_and_demand falling_wedge buyer swingtrade golden_cross
SQ catching my eye here after finally picking up some momentum after taking a beating along with the rest of the fintech stocks of the likes of UPST ROKU AFRM PYPL etc. However, with buyers stepping in and reclaiming the 50-day EMA, will certainly be eyeing SQ in the coming weeks for another leg up. Buyer volume is steadily increasing relative to seller volume, hidden bullish divergence on the RSI on nearly every timeframe, bullish ABCD harmonic pattern on the daily timeframe as well (Not Pictured). Falling wedge accompanied with a MACD golden cross on the weekly timeframe, bullish hidden divergence on the RSI, and a bullish Gartley harmonic pattern formed (See Attached Chart Below). Bullish and will be watching closely for another push up as buyers continue to step in (broader market conditions permitting)- Just some FIB levels along with some RSI-based supply and demand zones to keep an eye on in the meantime-
Previous charts & Price Targets attached in the description below

PT1- $138.47
PT2- $142.49
PT3- $145.15
PT4- $146.81

--Weekly Timeframe
snapshot

--Previously Charted
snapshot
snapshot
Comment:
Price Target 1 Reached ✅
Comment:
PT2- Reached ✅

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