Chart above is the daily chart and I wanted to upload this for an important reason.
However, the 1hr chart is showing that the price action held at the 200 Day MA today and bounced, so I am happy to see that, we can see as well that the 0.78 Fib is at $71.17 as a potential support level too...it wasn't needed today.
Count is still valid as Wave 4 did not protrude into Wave 2's count.
So the daily chart, earnings after the close today and we can see that on the daily chart that the 50 Day MA has crossed over the 200 Day MA, which is a bullish indication, so what we need now is no surprises from their earnings report and we should see $SQ behave the same way as $NIO.
Any surprises and I think the count will go invalidated
Dan G
2023-08-03 22:17:02 +0000 UTCCraig
2023-08-03 20:54:00 +0000 UTCChris
2023-08-03 20:49:15 +0000 UTC