SQ could see sub 60 within a week

Block, Inc.NYSE

Описание

⋅ 3 сен 2019 г., 14:25

At this point SQ is best viewed on the 1H and 4H chart.

⋅ 3 сен 2019 г., 15:59

At any day of this week, if the stock ends the day below $60.51 (negative candle), you are safe to ride it down under $55-58.

Комментарии

Ayohan

⋅ 12 сен 2019 г., 14:31

Nice Chart BTW Did you trade it?

UnknownUnicorn5323213

⋅ 12 сен 2019 г., 14:56

@Ayohan, I did/do, I had puts for the drop from 80 in July and now bought puts again 2 weeks ago :) You?

Ayohan

⋅ 12 сен 2019 г., 15:27

@crashtestdummie, I was going to short Straddle it. September 20 50-60 range.

Ayohan

⋅ 12 сен 2019 г., 15:27

@Ayohan, I am the stock, should have take profit like you did

UnknownUnicorn5323213

⋅ 12 сен 2019 г., 15:37

@Ayohan, the stock might re-trace to 60.XX's the next day(s) before finally diving, you could buy then and sell around 49-52...

Ayohan

⋅ 12 сен 2019 г., 14:30

how long do you think it will stay sub 60

UnknownUnicorn5323213

⋅ 12 сен 2019 г., 14:57

@Ayohan, I'd say around mid next year? The stock will touch 40 first before anything else. It's picture clear on the monthly chart :)