Another 2 years whiplash between $50 and $100?

Huge gains and huge losses possible here. 2018-2022 we had almost 2 full years of whiplash between these values before the COVID BUBBLE sent us higher.

Are we back and ready to bounce around here?

Huge swing trade potential if this proves itself out.

Note

So far so good. We'll keep an eye out for big moves.

Note

Still going strong

Note

This prediction has been ~ surprisingly accurate ~

Note

Hovering just above $50 ($53 today). Could be a good time to swing ;)

Note

We break below 50/share
- Square CEO stepping down
- Profitability is down (back to negative from breakeven)
- Revenue is relatively flat (flat 2022-2021; though up 12% TTM vs 2022)
- Crypto continues to struggle to gain footing

We'll have to wait and see if there's good news around the corner, otherwise next strong support is $32-35 range.

HandsomeSloth

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.