Block, Inc.
Short
Updated

SQUARE-Cycle Wave 2-SHORT

450
Financial Tech:
SQ
PYPL
V
MA

SQ is a STRONG SELL.

Square has completed a 5 Wave Cycle and is now in Cycle Wave 2.

Cycle Wave Count:

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Cycle Waves %:
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Extensions:
-Wave 3 - Extended over 500% of Wave 1
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-Wave 5 - Extended over 168.1% of Wave 3
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Wave Degrees:
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Cycle Wave 2:

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Target: $47-$36
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If $36 fails, the next support level is around $18.00.



Will update.

-AB






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Near-term target = $45-$30
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Square has formed a downwards leading diagonal....

Bearish formation
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SQ is in Cycle Wave 3...

Cycle Wave 3 Target = $46-$26
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Cycle Wave 3 Estimated to be complete in 21 days...
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Near-Term Target almost hit...
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SQ is traveling is sub-wave sequences of 3.
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