Looking like a really nice risk/reward here on Square/Block
Banks news coming and are baaaad news !!! TECH SELL OFF and more sell coming !! Welcome to Recession dont be Bull or Bear be with the Market Direction !!! not over trade add to winners !! DO NOT ADD TO LOOSERS !!!
Charting on the daily, I think SQ is in a nice set up for a put play. The downward trend that has been created has been touched twice. At each point of contact there was a follow through of selling pressure. The selling pressure has also caused weakness within the new support area . I am concern about the amount of time it make take for this plan to carryout.
Charting on the daily, I think SQ is in a nice set up for a put play. The downward trend that has been created has been touched twice. At each point of contact there was a follow through of selling pressure. The selling pressure has also caused weakness within the new support area. I am concern about the amount of time it make take for this plan to carryout.
Revenue from Bitcoin was $7.1 Billion in 2022....This was the largest source of revenue for SQ. As Bitcoin prices drop this can be reflective in SQ stock price as revenues from BTC will lessen.
Even dough the trade was amazing , there is always room for improvement. Here is what i learnd 1.if the markets (indexes) are green at closing, it doesn't mean there will not be a pull back, which can effect your trading position. and vice versa. 2. if you miss your entry, and the trade is going in the direction you calculated, use your trend lines for a...
Block needs to consolidate in the bullish pattern in 'a' wave of the 2nd wave. crab harmonic pattern: X=$426 AB=0.61 XA BC=0.38 AB 0.78 BC=$81 0.88 BC=$90 0.78 XA=$183 1.6 BC=$209 0.88 XA=$271 2 BC=$322 2.24 BC=$424 2.6 BC=$654 1.13 XA=$712 1.27 XA=$1248 3.6 BC=$2051 1.41 XA=2153 4.23 BC=$4157 1.6 XA=$4898
PLUG is a long term play, tesla hedge (10 Years) As long as PLUG is on this trend I will continue to dollar cost average daily - for beginners this literally means start off slow on cashapp with $10/day - for advance traders DCAing at levels you feel comfortable buying and buying BIG #getwrecked If it dips below the parallel stop DCA and find another trade u...