Flightschool

SQ getting sqaured away

Long
NYSE:SQ   Block, Inc.
The payment processor allowing crypto trading and will report earnings later this month.
As always, our bread and butter at flightschool is choosing the ideas with decent risk/reward ratio.

Based on PYPL's performance we could have a decent move to the upstide on SQ.
Comment:
Loss on this one. SL looks to have been too close. For those holding this one might be good to average down. My process makes me okay with taking the loss and possibly re-entering since I had a ratio of 1.86
Comment:
Stop was tight but this one looks good for a re-entry. We'll just wait and give the gap up time to make a move
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