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Jimmy205
Dec 26, 2021 8:11 AM

SQSP downtrend finished? Long

Squarespace, Inc.NYSE

Description

SQSP had formed a bearish inverse cup and handle pattern around 7 weeks after IPO.
This i c&h created a price target of $28 and it stuck very much to this as a great support level.
There is a resistance line at $40, no doubt it'll get there soon, whether or not it'll manage to breakout?
From the indicators, I'm seeing a great MACD reversal sign and a low-ish RSI.
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