$Block(SQ)$ .Square's Relative Strength Rating stands at 32 but block still can get lower next week. Will buy if it goes down near 52usd.
SQ stock faces stiff competition in both consumer financial apps and the small business market. Rivals include PayPal Holdings (PYPL), First Data's (FDC) Clover unit, Shopify (SHOP), merchant acquirers, and well-funded startup Stripe.
Square stock surged in 2020 during the coronavirus outbreak as investors focused on the growth of its consumer Cash App. They shrugged off worries over Square stock exposure to small businesses and restaurants that might close because of the coronavirus pandemic
Square stock surged in 2020 during the coronavirus outbreak as investors focused on the growth of its consumer Cash App. The bearish view is that Cash App's momentum proves transitory with low customer retention after the coronavirus pandemic eases
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