Block (SQ) May do a Quick Run Up. Long

Block, Inc.NYSE

Description

⋅ Mar 5, 2023 6:34 AM

Block (SQ) Long Position Trading Thesis
By.Corey

Buyers Level
Long
77.41
74.71
71.79
69.16

Selling Level
84.00

1.The trading conditions of the Index

Dowjones
+387.40 (1.17%)today

4,045.64
+64.29 (1.61%)today

Nasdaq 11,689.01
+226.02 (1.97%)today

Square Earnings

2.Cash App Gross Profits
Q4 848m up 64%

Square 801m Gross Profits
Q4 up 22%

Bitcoin Rev
Q4 1.83b revenue
down 6%

Square (SQ) Press 3/2/23
TBD, the bitcoin-focused division of Block
SQ, said Thursday it will tap Block's bitcoin
BTCUSD reserves to make the Lightning Network more reliable for all users, according to a release viewed by Seeking Alpha.