Swingman39

Double Top on SQ?

Короткая
Swingman39 Обновлено   
NYSE:SQ   Block, Inc.
Since putting in ATHs on 6/21, SQ has been unable to push past. We are seeing lower highs in both price, RSI, Stochs and CCI. With the Russell 2000 also seeing weakness and also viewing that as a forward looking indicator, I see SQ coming down to retest some of the prior support levels
Комментарий:
She broke above! we shall see if this holds though. The Netflix hit yesterday and the Amazon hiccup could signal a turn down for the overall market. I'd keep an eye on the S&P, if the FAANG names start to flatten out/dip, there are few stocks that will be able to fight through a downtrend, no matter the fundamentals.
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