Square stock is trading inside the box. SQ analysis
Hi everyone,
Today we are taking a look at
SQ perfomance.
As always, I've put the stock inside my boxes.
SQ has been trading with high volatility inside 190-280 range for almost a year now.
Key demand areas:
191-197
222-230
Key supply area:
281-288
My outlook:
To go for ATH we have to break 290 and consolidate above.
To start a position look for the entry inside the demand zones.
I think the company has a great long-term potential in fintech space with crypto adoption, so I am long.
Trade wisely and good luck!
-----------------------------------------------------------------------------------------------------------------
Disclaimer!!!
This is not financial advise.
Today we are taking a look at
SQ perfomance.As always, I've put the stock inside my boxes.
SQ has been trading with high volatility inside 190-280 range for almost a year now.Key demand areas:
191-197
222-230
Key supply area:
281-288
My outlook:
To go for ATH we have to break 290 and consolidate above.
To start a position look for the entry inside the demand zones.
I think the company has a great long-term potential in fintech space with crypto adoption, so I am long.
Trade wisely and good luck!
-----------------------------------------------------------------------------------------------------------------
Disclaimer!!!
This is not financial advise.
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