Last week, Block (SQ) took some hits due to the news of a short report coming out against the stock. This report was enough to send the stock off a cliff, however, the stock was able to rally off key support at $60. If the rally extends, the ideal target might be $70.
As you can see on the chart in my video, this $60 level has acted as a support several times in the past with the stock unable to go much lower than this mark. Now, this level isn’t set in stone, so a breakdown of this level can happen, but the fact that price has once again stepped in makes it one to watch and be aware of.
When you join, you’ll learn all about my favorite stocks, setups, strategies, and plenty more. The best part, you’ll receive all my trades every step of the learning process, so not only will you get a world-class education, but you’ll also earn while you learn.
Get a jump start on your options education and put yourself in position to win in 2023. Sign up today! Until then…