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Jackdorsey

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
Twitter: Deal is still on, says Musk!!Twitter Short Term - We look to Buy at 39.16 (stop at 37.32) They recently gave Elon Musk more information as he requested and deal seems to be still forging ahead. The sequence for trading is higher highs and lows. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Dip buying offers good risk/reward. Our profit targets will be 43.86 and 46.00 Resistance: 44.00 / 46.00 / 52.00 Support: 39.00 / 34.00 / 28.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:TWTRLong
by VantageMarkets
TWTR poison pill "defence"If you haven`t sold TWTR here: then what you should know: After buying 9.2% of TWTR shares, Elon Musk wanted to buy Twitter (TWTR) for $43.4bn, $54.20 per share representing a 38% premium to the closing price on 1 April and take the company private. Elon Musk about Twitter: “potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.” “However, since making my investment I now realise the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. "My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. Twitter has extraordinary potential. I will unlock it.” TWTR is up only 8% after 8 years of being listed. I don`t think Jack Dorsey has found the path to profitability, nor that the board works in the interest of the shareholders. That`s why they went for the poison pill "defence". I say "defence" as a joke, since the only one defended here are the board members and not the shareholders, which haven`t gained too much from holding the bag anyways. The poison pill allows investors to buy additional shares of the company’s stock at a discount and therefore dilute the value of each individual share. That is a viable strategy against an unwanted hostile takeover. In my opinion, the board members will accept Elon`s proposal and buying the stock now will give you a 17% return.
NYSE:TWTRLong
by TopgOptions
2
Dogecoin Rallies After Elon Musk Joins Twitter BoardYou may have heard that Elon Musk had just bought 9% of shares in Twitter and has become one of their newest board member. This prompted a rumor that the billionaire will be trying to push for Dogecoin to be integrated with the popular social media platform itself, prompting a rally. (No confirmation on how true this really is, however.) Though it's good short-term news for DOGE, in earlier ideas I did warn against using DOGE as a speculative asset since it's primary focus seems to be utility/liquidity - which often is at odds with the idea of turning a return.
CRYPTOCAP:DOGELong
by RyanTanaka
TWTR Was the Twitter sell-off predictable ??If you considered this short call signal at $65, then yes: Twitter is now close to its 2013 IPO price $26 per share. Just that the stock debuted on the NYSE at $45.10 a share. So you can buy it lower now. I would think twice, though: The company is not profitable and its co-founder, Jack Dorsey, has stepped aside as the company's CEO. Twitter can also lose market share because of TRUTH Social! My price target is $30.5. Looking forward to read your opinion about it!
NYSE:TWTRShort
by TopgOptions
1
DWAC Trump Media & Technology Group $1 billion investment If you haven`t bought it before the $180 pump: or after the retracement and short term price target: Then you should know that DWAC had received a $1 billion investment from a group of institutional investors. Coincidentally or not, Saba Capital Management announced on Dec. 9 that it had purchased a stake in DWAC. Now that Jack Dorsey has left Twitter, i think it`s a place left for a rival to compete in this area, TruthSocial! My price target is the 103usd resistance. looking forward to read your opinion about it.
DLong
by TopgOptions
5
Inside the current correction on SQToday, we will take a look at Square INC. The main context for the price is the previous corrective structure (white lines). In August, the price apparently made a breakout which then got back into the structure once again, creating a secondary structure (yellow lines) We always work with the idea that the price moves between zones of the same degree, so, in this case, we expect the price to reach the lower zone of the current structure (support level) IF that happens, we want to observe a breakout of the inner trendline (white line inside the yellow structure). IF that happens, we will wait for a small retest, and then we expect a bullish movement towards the higher zone of the current correction (shared area between the primary and secondary corrective patterns.) The filters we are using to validate our view are: a) Contact with the support level b) Breakout of the inner descending trendline c) retest IF all the previous items are true, then: d) Wait for a bullish impulse towards the higher zone of the correction if we observe a clear breakout of the small retest we are looking for. Thanks for reading! Feel free to add your view/chart or any comment about this. ;)
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NYSE:SQ
by ThinkingAntsOk
10
Twitter $TWTR Crash - Bye Bye Jack - BUY Volatility $VIXYADVERTISING MODEL PLATFORMS CRASH!!!! The old 2digit tickers they try to run and hide from. Gross. THAT'S WHAT DECENTRALIZATION FIXES. *ADVERTISING*. Notice Jack is out when $FB zuck changes their business name to META. WE ARE LAUGHING. Never would I ever!! Everybody has their own coinage at this point. Sorry Jack. Sorry Zuck. No chance. Both have got to stick with #simpcoin & $SQ until the Digi Dollar puts it to rest. They're all echochamber FEE VULTURES. They don't care which crypto you pass around. They take fees from the system. Ponzi Poggers. Storytellers. NOT INVESTMENT WORTHY. ETHEREUM IS JUST AS GREAT AT $100. OH MY. $10???? #cryptocrash Go Gary G!! #kingdollar Buy $VIXY VOLATILITY Volatility Boom. Go small caps. #cannabisreform $KERN $MSOS $PSDN Cannabis Saves Lives. Federalization #comingsoon
NYSE:TWTRShort
by EpicEconomics
Can we expect a new bullish impulse on SQ? Today we will take a look at Square Inc. Jack Dorsey's company. In case you don't know who Jack Dorsey is, he is the founder of Twitter inc. In case you don't know what Twitter is... (I'm just joking) Let's go back to Technical Analysis: I can see two clear structures here: *The previous impulse (which is a sequence of higher highs and higher lows) + The current major correction is a sequence of movements inside a constrained range. Ok, what is so special about that? Using Elliott Wave Theory, we can see the relationships between these two movements; one is a correction of the other one. And what Elliott concluded is that the next bullish impulse (IF it comes) will have kind of a relationship in terms of proportions with the previous impulse. That's why we use Fibonacci Extensions to define targets. Key Take away of this bullet point: The targets for a possible bullish movement are: 350 / 400 / 440 * Now let's take a look into the current major correction: After 170 days below the previous high, we saw the breakout in August, after that the price has been correcting on edge (which is pretty standard, after the breakout of structures of this size) This minor correction has been on its range for almost 80 days. * Conclusions: IF (capital letters, conditional sentence) the price makes a new ATH, we will consider that as an activation level for the bullish view. Targets are the levels we mentioned before. Invalidation level will be below the minor correction at 218.00/ IF not the analysis is not valid (that simple) *The expected duration for a movement like this can go between 100 to 150 days Thanks for reading guys! Remember to add any ideas or thoughts to the comment. Protect your capital!!!
NYSE:SQLong
by ThinkingAntsOk
8
Tweet Tweet TWTR Ready to Flyyyy away… easy to spot breakoutThere are both technical and fundamental reasons this breakout is imminent and $100 is an easy target short to mid term. Notably $100 is a conservative target. The news in the social media “metaverse” is about to get even more interesting. Set your stop loss below $50 to be safe, below $60 if you’re playing this tight. Potential gain of 50% and potentially only the beginning for this sleeping giant. Or should I say big bird? You be the judge. Always manage risk and have a game plan. Do your own analysis. Try to disqualify.
NYSE:TWTRLong
by Shadowfigure
The filter for the bullish view is READY on Square inc.Today we will speak about the current situation on SQ (we made a post a few weeks ago. You can check it on related ideas) At the moment, we think the bullish scenario is the most probable one, and we are ready to define the activation levels based on the previous analysis. What were we waiting for? We were looking for a first breakout attempt on the current corrective situation. That happened, and we have a small correction on the edge of the current one. What is the activation Level? Is the green horizontal line where we think that if the price reaches it, that would confirm our bullish view. What about cancelation levels? Here you have different possibilities. If you want to trade this small correction with a risk-reward ratio probably above 6, your invalidation level will be below it. (be open to the idea that trading scenarios like this require some stop losses before catching the actual movement) If you are more conservative, you can define an invalidation level that may be below the inner ascending trendline for the current correction. If you are extremely conservative, you can define your stop loss below the full structure (186.00) That's up to you. What is the same for all the scenarios is the Activation Level. What happens if the price moves in a completely different way? Either you have a stop loss, or you never trade because the price never reached the activation level; it is that simple. That's the reason risk management IS SO IMPORTANT. You must be able to take losses without that moving your emotions everywhere. How long can It take for a movement like this? 150 - 250 days. Thanks for reading, guys!
NYSE:SQ
by ThinkingAntsOk
1
Two scenarios explained on Square INCToday we will analyze SQ. This company is the 4th biggest Holding of ARKK and is run by Jack Dorsey (Twitter funder) So what can we see here? 1) The main structure: We have a horizontal compressive channel that has been in formation since its peak on FEBRUARY 2021. This is useful because we can know if the price has made a clear breakout or not based on the reaction on these levels and daily candlesticks closing above or below. The main idea here is: If the price stays inside these levels, don't assume any breakout yet. 2) Possible Bearish Scenario: If the price reaches the highest level of the structure and reacts there, we can expect a bearish movement towards the other side of the range. (Interesting level for reversal traders) 3) Possible Bullish Scenario: When we want to develop swing setups based on new trends starting, we take some considerations before risking our money. First of all (Clear Breakout), we want to observe a new ATH (no doubt that the price broke the structure). After that, we want to observe a small consolidation, as you can see with the yellow lines. IF that happens, we can trade above that and set stop loss below the level. This provides a great confirmation and a setup with a perfect Risk-Reward Ratio of almost 1:3 to the first target. Expected time towards the final target (150 - 200 days if the scenario goes as expected) As you can see, we don't care at all about the direction of the market. Taking rigid views with any asset is not a good idea because it doesn't allow you to adapt to changing conditions. That's the reason we work with "Scenarios." Based on this, the only situation we are interested in is the bullish one (Swing Setup); otherwise, we will stay on the sidelines. Thanks for reading! Feel free to show your view in the comments.
NYSE:SQ
by ThinkingAntsOk
2
Square bouncing from a Major Support ZoneToday, we will share our perspective on Square INC. -The main thing we can notice is that the price has been ranging since December 2020. So, we will be working inside that range -The Range is made by a solid support zone at 190 - 198. We have been observing several bounces from there, and in the current situation, it happened again. -Another relevant item to notice is that the descending trendline has been broken, and we can see the price right at the edge of it. -Based on that, we have defined a yellow horizontal line as an activation level for our bullish view. If the price reaches it, we expect a bullish movement towards the next resistance zone at 245 -The invalidation level for this view is below the current flag pattern. Thanks for reading!
NYSE:SQLong
by ThinkingAntsOk
TKAT- Gamble on the NFT crazeGambling on TKAT is in a way not much different from gambling on blockchain stocks back in 2017. Anything digital is a fair game in the realm of NFT as even tweet was up for sale as Jack Dorsey demonstrated that today. TKAT's Insider ownership is almost 50% and TKAT's institutional ownership is close to zero, indicating the high volatility this stock possesses. Volume has retraced more than 66% since it reached its record on Wed. It seems to me that TKAT is at beginning of the distribution stage. Short interest is low and market is irrational so I'm not ruling out a modest correction followed by the continuation. Game plan: Market buy 1/5, then fill out the rest in the demand zone. TKAT is volatile. DO your own due diligence. Not the investment advice.
T
by Libratus
2
BTC: $7529 | Playbook to $24995 | Red Pill or Blue Pill either pill when that CEiLING LINE is disrespected after the Satoshi Round Table and Halving it's all clear BLUE SKIES toward FRESH HIGHS for now Miners and the usual SPONSORS are just SHAKING DOWN amateurs mostly neophytes or getting volume below 7k levels == short sellers may get squeezed any moment when one greedy whale starts to take a huge position one time long players keep the size at decent levels and always expect a NEEDLE -35% below key levels or FLOOR areas === BOMBA: Buy on Massive Break Away on either Red or Blue ZONE
BITMEX:BTCUSD.P
by senyor