Mark Holder
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Square: Another Opportunity At $10.50

Square (SQ) surged on solid Q2 numbers, but the mobile payments company saw the stock pullback from the highs of $12.28 on Thursday. The stock now offers an opportunity at roughly $10.50, if the gap closes early next week. 

As I highlighted, Square faces headwinds due to large stock options. Ultimately, the stock will head higher based on the adjusted revenue growth rate that exceeded 50%. A gap close might be the last opportunity to buy the stock close to $10. 

Disclosure: No position (yet)