HandsomeSloth

Another 2 years whiplash between $50 and $100?

HandsomeSloth Обновлено   
NYSE:SQ   Block, Inc.
Huge gains and huge losses possible here. 2018-2022 we had almost 2 full years of whiplash between these values before the COVID BUBBLE sent us higher.

Are we back and ready to bounce around here?

Huge swing trade potential if this proves itself out.
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So far so good. We'll keep an eye out for big moves.
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Still going strong
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This prediction has been ~ surprisingly accurate ~
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Hovering just above $50 ($53 today). Could be a good time to swing ;)
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We break below $50/share
- Square CEO stepping down
- Profitability is down (back to negative from breakeven)
- Revenue is relatively flat (flat 2022-2021; though up 12% TTM vs 2022)
- Crypto continues to struggle to gain footing

We'll have to wait and see if there's good news around the corner, otherwise next strong support is $32-35 range.
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