$SQ - May have found a baseNYSE:SQ Square looks to be basing with the MACD is curling up. The risk-reward here looks good for a bounce.
The sell-off from the Square outage was probably overdone.
If it can break $55, it could run to the $60-$62 area.
If it breaks $50, however, it could see further breakdown to the $43 area. So know your risk and manage accordingly.
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