The77CycleTrader

SQ may give an opportunity to go long

Lång
NYSE:SQ   Block, Inc.
I believe for the next month or so, SQ has the ability to get to my TP at $274.95 . My entry however will be based on:

1. if price closes above the red trend line in the near future

I already have 3 waves down on price and the yellow static line in RSI was broken

If the final condition is met, I will likely place an entry, a month out, to see if SQ can hit my TP. If I am triggered in but the trade goes against me, my exit would be at $214.35


Happy trading!

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