jbzstocks
Long

Square (SQ) Falling Wedge Breakout

NYSE:SQ   SQUARE, INC. CLASS A
Square ( SQ ) has formed a falling wedge on it's move back towards a 4 month old trend line . We need the stochastic to turn up and confirm divergence before getting in.

Buy: 37.75
Target: 38.95 - 40.90 (3.18% - 8.34%)
To create a buy signal, both stochastic lines must go up and the faster one must cross the slower one? Am I right?

Best regardes
Josef
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jbzstocks gabbersepp
@gabbersepp, that is one way to do it. But, stochastics were created for divergences and that is the signal I use. I do not use %K
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