$SQ
Added 2023-11-03 14:31:26 +0000 UTCWhat a difference a day makes.
Analysts have been positive on $SQ this morning and are touting that $SQ has mimicked $PYPL's earnings report response and we know that both of these companies are closely linked.
Strong bounce on the yellow trend line, if this line was lost, I feel the price could have came down as low as $32 so thankfully there was a positive beat.
What I like to see next is a drift up to the $55.50 blue line again and converting this to a support level.
This will not happen all in one day but we want to see a trend moving higher and this could present buying opportunities for this to add to their average.
So let's not be surprised if a pull back comes but we want to see a higher low next, when I see this bounce leveling off, I can add the next support levels.
