Ride the Wave - Uptrend

1 thg 2, 2021

Hi friends, Square is another strong up-trending stock thus we need to buy the dips to ride the wave. This is a short term analysis focused on the 1 hr chart wherein we see a break of the downtrending line. I expect Square to run to the immediate resistance around $225 then probably consolidate for a bit ($209 level should hold) before breaking the resistance and running towards the next target around $237.

Please share your thoughts and ensure proper money management. Thanks for the support!