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youngbosnia

$SQ Inverse Head and Shoulders Forming And Bull Flagging

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Block, Inc. (BATS:SQ)  
youngbosnia  
BATS:SQ   Block, Inc.
Trend Analysis Support and Resistance Trend Lines
3
0
trendanalysis supportandresistance trendline
SQ has been on a tear recently but is now starting to pull back with the rest of growth names. It looks like it may be forming an inverse head and shoulders here and it's bull flagging. Target 1 = 80 near the neckline for the IHS. Target 2 = 91 top of uptrend channel from November bottom. Target 3 = 103 top of long term uptrend channel in green. Bull flag and IHS broken under 55.
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