Wow, where do I begin on this one. It is my favorite dip buy out there right now.
I posted a chart a few weeks ago with a bear count of square and what do you know, it is materializing for us to get our hands on these shares dirt cheap. Right now we are looking for our wave 2 bottom, somewhere between the mid 240s and the 220 range. 220 appears to be the 161.8, but I highly doubt this goes that low.
SQ is about to be sitting on top of a massive volume shelf, and kiss the 30 week MA. Big money has been pouring into the November 260c's and they have been firing those bullets off for the last several days. Look for SQ to be a leader on the next leg up and I think it will be taking a trip into the 300's.
I posted a chart a few weeks ago with a bear count of square and what do you know, it is materializing for us to get our hands on these shares dirt cheap. Right now we are looking for our wave 2 bottom, somewhere between the mid 240s and the 220 range. 220 appears to be the 161.8, but I highly doubt this goes that low.
SQ is about to be sitting on top of a massive volume shelf, and kiss the 30 week MA. Big money has been pouring into the November 260c's and they have been firing those bullets off for the last several days. Look for SQ to be a leader on the next leg up and I think it will be taking a trip into the 300's.