Block, formally Square, has came back to earth after its recent orbit to the moon.
After a parabolic uptrend, key levels to watch for are an 80% retrace. Which happens to line up near the fib line.
I'd expect an accumulation phase to take a while.
SQ is a good stock to own during times of high inflation.
Thanks for reading!
After a parabolic uptrend, key levels to watch for are an 80% retrace. Which happens to line up near the fib line.
I'd expect an accumulation phase to take a while.
SQ is a good stock to own during times of high inflation.
Thanks for reading!
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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.