Get started

SQ

$SQ Breakout Possible SQ looks to be about to start a new leg up if it can breakout of its wedge. Sq had a clean close above resistance with increased volume on 10/10/24. It experienced an inside day on 10/11/24 with still elevated relative volume from the prior days break out. Sq rejected at the top of the wedge but did not really show any slowdown of buying just an absorption of some selling as the prior days lows were not breached. The inside day on the11th appears to be a rest day looking for continuation and a breakout out the wedge targeting 72 and 74 dollars. The next area where the stock can potentially meet supply if it does continue on its newly started uptrend would be 79.82 (rounded to 80) then 87.52, the current yearly highs, and the 89.97 which is the prior years highs. Trade Safe Every1! @T.w.i.n.e.y
NYSE:SQLong
by twiney
SQ, preppin for MULTI-WEEKLY Price Growth! SQ recorded significant net buying / accumulation at the current range. Volume has surged 21% over its average numbers conveying buyers positioning in anticipation of technical and fundamental growth. SQ has dramatically overextended its multi year correction from a peak at 283 back in August 2001, a pandemic era. Recent price movement is hinting of a trend reversal. The stock is sitting at a 1.0 FIB level, this is beyond bargain / discount already. It is currently consolidating at a 4-year longstanding major support. This support range of 60-70 has been tested many times in the past and has proven its strength over and over. It is now currently bouncing off this range with precision. Weekly descending trendline has been broken conveying an impending trend turnaround. Histogram has registered new higher lows -- buyers are persistent on taking the price higher from the present price base. Fundamentally speaking, SQ last quarter earnings looks rosier than ever with EPS beating by 17.41% and a weighty $4.99B revenue, a 26% increase. Spotted at 67.0 TAYOR Safeguard capital always. --------------------------------- FINANCIAL DATA REFERENCE: Financials Quarterly financials MAR 2023 (USD) Mar 2023 Y/Y Revenue 4.99B 25.99% Net income -16.84M 91.75% Diluted EPS -0.03 92.11% Net profit margin -0.34% 93.41% Operating income -6.17M 96.15% Net change in cash 910.28M 133.09% Cash on hand - - Cost of revenue 3.26B 22.9% Mar 2023EPS beat by 17.41% EPS (USD) Expected 0.34 Reported 0.40 Surprise 17.41%
NYSE:SQLong
by JSAL
3
Square Stock Spikes 7% On Earnings BeatSquare-parent Block ( NYSE:SQ ) reported first-quarter earnings and revenue that topped estimates, with guidance for Square stock coming in above expectations. Square's earnings for the period ended March 31 were 74 cents per share on an adjusted basis, up 85% from the year-earlier period. Net revenue came in at $5.96 billion, up 19% from a year earlier, including Cash App transactions for bitcoin. CEO Jack Dorsey reiterated the company's commitment to cryptocurrency Bitcoin in a letter to shareholders, detailing a renewed focus on Bitcoin both from a new product perspective and in terms of balance sheet investment. Square ( NYSE:SQ ) intends to develop and market a new Bitcoin mining chip and other mining hardware while 10% of Bitcoin gross profit, or $20 million per year, will be allocated to Bitcoin purchases. Financial analysts also view gross profit as a key metric for NYSE:SQ stock, with gross profit rising 22% to $2.09 billion in Q1 compared to estimates of $2.02 billion. On the stock market, Square stock ( NYSE:SQ ) rose more than 7% to 74.66 in early trading. Cost-cutting boosted earnings before interest, taxes, depreciation, and amortization, a key metric known as EBITDA, which came in at $705 million vs. estimates of $591 million. In Q1, gross payment volume from the transactions of merchant customers rose 9% to $50.5 billion, below estimates of $55.81 billion. Square expects EBITDA of $680 million for the first quarter of 2024, and in Q2, it forecasts gross profit of $2.175 billion, roughly in line with estimates. In its core businesses, Square ( NYSE:SQ ) operates a two-sided digital payments ecosystem designed for both merchant sellers and consumer buyers.
NYSE:SQLong
by DEXWireNews
MNY a penny stock from Asia catching some buying volume LONGMNY is a penny stock from Singapore on NASDAQ. With its volume and volatility spiking and a 90 % jump in the past month. It got my attention. For penny stocks and NASDAQ requirements, getting over $ 1.00 is important for several reasons. MNY did it well. I will take a small position in this risky play expecting a great return over the near and intermediate term. If you like PYPL SQ or SOFI but need something with some better volatility to get try to capture some quicker profits this might fit your need.
NASDAQ:MNYLong
by AwesomeAvani
Bitkey Revolutionizes Bitcoin Custody with New Hardware DeviceBitkey, the innovative self-custody bitcoin wallet developed by the Proto team at Block, Inc. (NYSE: NYSE:SQ ), is poised to transform the landscape of bitcoin ownership and management. With the commencement of shipping for its first hardware devices and the introduction of advanced security and recovery features, Bitkey empowers users worldwide to securely own and control their bitcoin assets. Let's delve into the groundbreaking developments and the impact they have on the cryptocurrency ecosystem. Enhanced Security and Recovery Features: Bitkey's mission is to simplify self-custody while prioritizing security and accessibility for users. The latest updates include innovative features such as Trusted Contacts, enabling users to designate trusted individuals who can assist in account recovery. Additionally, the Emergency Access Kit provides a fail-safe mechanism for recovery in unforeseen circumstances, offering peace of mind to users. User Feedback and Testimonials: Early adopters of Bitkey have lauded its simplicity and robust security measures. Jacob B. from Mexico praises Bitkey's user-friendly interface coupled with robust security, emphasizing its potential to onboard new users to the world of bitcoin seamlessly. Australian photographer Georges F. commends Bitkey's ease of setup and multiple notification systems, underscoring the importance of redundancy in safeguarding assets. Seamless Integration and Accessibility: Bitkey aims to bridge the gap between traditional fiat currencies and the bitcoin ecosystem. Through strategic partnerships with Cash App and Coinbase, users can effortlessly transfer and now purchase bitcoin directly from the Bitkey wallet. These partnerships represent the first of many planned integrations, signaling Bitkey's commitment to enhancing accessibility and usability for users worldwide. Technical Analysis Prior the news of Bitkey Shipping, Block share ( NYSE:SQ ) was up by 6.7%, with a Relative Strngh Index (RSI) of 70 ( NYSE:SQ ) is currently riding on the bulls. Global Reach and Adoption: With availability in over 90 countries, Bitkey is poised to democratize bitcoin ownership on a global scale. The rollout of hardware devices and the Bitkey app across app stores further expands its reach, enabling individuals worldwide to take control of their financial future with confidence.
NYSE:SQ
by DEXWireNews