Power Plays New Idea: SQ
October 9, 2024

By Scott Redler

Name: Block

Ticker: SQ

Price: $68.29

Needs to Hold: $59 to $62

Price Objective 1: N/A

Price Objective 2: N/A

I'm adding Block (SQ) to Power Plays as another play on Bitcoin.

We are also seeing relative strength in payments/fintech, so this fits that theme.

I'll consider this a half-sized position. My plan is to look to add if it gets over the $72 area.

-Scott

Scott Redler Positions Disclosure as of 2024-10-09 at 3.17.47 PM