dpuleo19

Square Inc $SQ is looking good, again

Long
dpuleo19 Updated   
NYSE:SQ   Block, Inc.
This stock is amazing, is been going for breakout after breakout. I entered SQ on November 4th and I thought that I entered very very late, look at it now. I have a very high expectative on this one not only because its price movement, also because is a favorite for Ark Invest. They are holding SQ on ARKF and ARKK with 10% and 4% respectably, these are top performing ETFs.

Right now is on a zone with a lot of support: previous high, 50 day MA and upward trend line. But is always risky to buy on the bottom of a pattern, the best buy point is on breakouts. In my case; that I already have a position, with this new entry point I can have a very good Dollar Cost Average. That´s why I´ll be watching SQ very closely this week.
Order cancelled:
Still holding but I reduced my position on this one

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