Is SQ struggling?
TA: The last of the EMA's have now crossed over (50 over 20) so there's a lot of downward pressure
FA: Squares last 2 earnings have been a little worrying. Q3'21 was below followed by a downward revision for Q4'21 and another downward forecast for Q1'22.
Targets. Previous lowest low between 91 and 95.
NB. Could form a nice double bottom from that price.
TA: The last of the EMA's have now crossed over (50 over 20) so there's a lot of downward pressure
FA: Squares last 2 earnings have been a little worrying. Q3'21 was below followed by a downward revision for Q4'21 and another downward forecast for Q1'22.
Targets. Previous lowest low between 91 and 95.
NB. Could form a nice double bottom from that price.