SQ's seller business model has been hit during the lockdown. It has also report a negative Quarter recently. However Cash app revenue have seen a substantial growth. With the economy reopening, we should see unemployment rate decreasing (notice the surprise improvement to 13% on Friday?) and small business reopen. Definitely we will see a positive uptick on the share price. We also note that price have broken out of the range between 58-80s. I would think it will be testing the previous high of $100 very soon.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.