The great crash of SQ after a quick rebound?
We are not in a bull market and today was a quick rebound to a few days of lower prices. Also, the interest rates are at a dangerous level and the stimulus checks are expected to go toward savings and paying up debts, as opposed to "flooding the market". So what does that mean for SQ? The most probable scenario is a short recovery to 237 followed by a medium scale crash down to 171 level by March 21st. Let's see how the market unfolds.
Thanks
AH
Thanks
AH
Trade closed: stop reached
Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
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.
Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
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.