1
SQ stock price fell 23% in September 2023.
2
Block stock price (NYSE: SQ) is trading near the 52-week low.
3
Square stock price looks highly oversold and the risk of the squeeze is high.
Block Inc., SQ stock price fell 23% in the previous month and formed a giant bearish candle. It showed a steep fall and formed a highly bearish pattern.
Block stock price broke down the crucial support of 55.00 which fueled the downside momentum. In September, Square’s stock price continuously declined by forming lower lows and eroded a big portion of its market capitalization.
The recent downfall in the SQ stock price looks reliable and seems like some big investors have taken an exit.
SQ stock price is down by 31.53% on a YTD basis. It has corrected a lot from the recent with recent swing high so a narrow-range consolidation or a short-term pullback rally is needed.
Block stock price is in a downtrend and trading below the 50-day and 200-day
We współpracy z: https://www.thecoinrepublic.com/2023/10/01/sq-stock-will-downfall-in-block-stock-take-halt-in-october/
