Power Plays New Idea: SQ
November 13, 2023
By Scott Redler
Needs to Hold: $46 to $49
Price Objective 1: $60 to $63
Price Objective 2: N/A
Block (SQ) looks ready to join the crop of names putting in powerful earnings gaps that extend to the upside.
So I'm adding it to Power Plays here.
The danger zone is $46 to $49. If the stock gets into that range, I'll look to switch gears.
But if SQ can get over $53, it can accelerate to the $60 to $63 area.
Scott Redler Positions Disclosure as of 2023-11-13 at 1.13.03 PM