The77CycleTrader

SQ may give an opportunity to go long

Long
NYSE:SQ   Block, Inc.
I believe for the next month or so, SQ has the ability to get to my TP at $274.95 . My entry however will be based on:

1. if price closes above the red trend line in the near future

I already have 3 waves down on price and the yellow static line in RSI was broken

If the final condition is met, I will likely place an entry, a month out, to see if SQ can hit my TP. If I am triggered in but the trade goes against me, my exit would be at $214.35


Happy trading!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.