Empiece
ratchet-mint

SQ's rally looks unstable and weak

Corto
Block, Inc. (BATS:SQ)  
ratchet-mint  
BATS:SQ   Block, Inc.
Trend Analysis Chart Patterns earningsreport NVDA gapup
0
0
trendanalysis chartpattern earningsreport nvda gapup
SQ's recent rally shows weakness and not founded on solid reasoning. Current price level appears risky.

  1. SQ had a good rally from Oct to Dec and contracted a fair amount and held. Later on....
  2. SQ had bad earnings
  3. NVDA a very unrelated stock had great earnings pushing SQ up
  4. Recent gap up is clearly irrational

Recent rally is unstable and should expect a contraction in the nearish future
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.