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mygemailusername
Dec 24, 2021 12:33 PM

SQ displaying sign of reversal Long

Block, Inc.NYSE

Description

Having drop 40% from the peak, I'm seeking a sign of reversal of SQ. Checking the 1H chart, the last 3 local minimums are only 5% different. 1H chart SMA20 already crossed SMA60, and tallying with oversold RSI from 15 Dec to 20 Dec. Price trend up since then.

Buy @ 167
Stop loss @ 158
Profit @ 192
Profit to loss ratio 2.9
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