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basictradingtv
Feb 5, 2022 11:39 PM

Square/Block Analysis 05.02.2022 

Block, Inc.NYSE

Description

Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.

If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.

Thank you for watching and I will see you tomorrow!
Comments
quinn1277
Yet another great analysis.
basictradingtv
@quinn1277, thanks man
DSTradess
Great analysis Philip, believe it will run to 130 for the previous high from here
d_Portfolio
Great ;) Thank you so much @philipschnapp. Wish y'll a nice week ahead!
basictradingtv
@d_Portfolio, thanks man
Regynald
Hi Phillip, I have been looking at SQ and I am gonna take this trade ;) Agree with the analysis. Nice job and explanation as always. What's your limit order set to and your stop loss? I am not sure whether to wait for US market open or buy the stock out of hours in All Sessions. Best to see how futures are looking I guess. How are you approaching it?
basictradingtv
@Regynald, hey man, I would always wait for the US market open, if it gaps higher then no trade, if we open lower maybe buy on a lower opening?
Regynald
@philipschnapp yeah, futures are mixed or flat so probably prudent to wait until US open. We may get a lower entry I think.
Vibranium_Capital
I’ve been waiting for downtrend to break for a while! I want to long
CLA200
Great analysis! Could you do roku/pypl? Thanks!!!!
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