Block, Inc.
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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!
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Disclaimer!!!
This is not financial advise.
boxesLONGlong-termSQsquareStocksSupply and DemandtrendTrend AnalysisValue

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