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jacobosiason7

Falling Wedge- Bullish - Update

Long
Block, Inc. (NYSE:SQ)  
jacobosiason7  
NYSE:SQ   Block, Inc.
Trend Analysis Chart Patterns Technical Indicators Bullish Patterns breakout ascending_triangle falling_wedge support_and_resistance supply_and_demand swingtrading Divergence PYPL
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trendanalysis chartpattern indicator bullish breakout ascending_triangle falling_wedge support_and_resistance supply_and_demand swingtrading divergence pypl
Nice falling wedge on SQ's hourly timeframe- Just posting a quick update as SQ is still looking very interesting here- will be watching closely for a breakout from this wedge here (broader market conditions permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish

- Bullish divergence on the RSI
- MACD Cross
- Ascending Triangle Forming on the Daily Timeframe (See Attached Chart Below)
- Sitting on its 200-day EMA on the Daily Timeframe as well

PT1- $239.71
PT2- $243.06
PT3- $244.66
PT4- $246.51

Daily Timeframe-
snapshot

Previously Charted-
snapshot


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