$SQ - EARNINGS AFTER THE CLOSE TODAY -
Added 2024-02-22 17:44:45 +0000 UTC$SQ reports their earnings after the close today and it is already up 5% today, moving bullish with the market and continues to follow $BTC's move.
$SQ is in a good position to benefit from a positive report, as the price has been consolidating sideways along the 0.38 Fib at $64.
The 50 Day MA just slightly above has been the resistance level for $SQ lately but a strong report today could be the catalyst to break above this level.
Wave 3 remains at the 1.618 Fib AT $128 but the big test will be breaking above the yellow channel, which it rejected at towards the end of 2023.
So the level to break there and hold is at $74.
Comments
EPS miss and stock goes up 🤷♂️
StevieV22
2024-02-23 01:40:27 +0000 UTC
