TrueTraderOfficial

Sunday Prep 8/01 - $SQ LONG & SHORT

NYSE:SQ   Block, Inc.
Very similar chart to ETSY, and very similar thoughts as well. A flush toward 193 and I would be interested in the long, but if it lost 191.36 I would be very bearish on the name. After that I would only look to short pops. If it spikes off the numbers towards 52w highs I would possibly entertain the short.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.