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Replies to #2250 on Block Inc (SQ)
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NewMoney

04/29/20 11:02 PM

#2251 RE: Hitman970 #2250

Well yes it is a bull flag, I hadn’t noticed, been purely watching fundamentals here. More upside to that pattern. I’m more concerned with the quarter of square than I am with PayPal though. PayPal is huge in internet based payments but square is more brick and mortar related. Internet payments should be up massively from all the staying home lately.

Square does have other irons in the fire with financial products. Square is an excellent long term payment play.

I got in years back when my water softener guy scanned my credit card standing in my driveway and told me about square. I’ve held this one all the up to $100 and back without selling because of the growth left in it.

Good luck.