$SQ
Added 2024-01-29 17:43:05 +0000 UTCI highlighted $SQ on Friday that it could start moving when $BTC starts reversing again and we saw some positive movement from $BTC over the weekend and we also got a positive reaction to $SOFI's earnings and $SQ has jumped by 4% on the strength of both movements.
$SQ is at a strong support zone now between the 0.38 Fib and 0.5 Fib the 200 Day MA, so if support is successful here, this could be the end of Wave 2 and we could start seeing a movement into Wave 3 next, Wave 3 target has remained the same here at $126.
If you are considering a position, possibly waiting until the 50 Day MA is recaptured at $67.20 and holds here first.
