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peekysnipes

SQ . Block downtrend exhausted - ready to rip

Long
Block, Inc. (NYSE:SQ)  
peekysnipes  
NYSE:SQ   Block, Inc.
Trend Analysis Chart Patterns Technical Indicators
5
0
trendanalysis chartpattern indicator
SQ fell out of its channel, now sitting near area of value.
PRICE TARGET: 265 or when RSI gets hot.


RSI bullish divergence - when RSI indicates oversold, followed by higher low that corresponds with a lower low in the price, good time for new long positon.
The histogram on the MACD starting to point up, Selling pressure may be done.
TSI starting to look up as well.

DO YOUR OWN DD
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