$SQ - One to watch

25 thg 1, 2019

As difficult as it's been to even find something worth getting long on - it was easy deciding once I saw this chart. I'm not emotional when it comes to a nice/ugly looking chart - so I couldn't tell you when earnings is nor what's going on in the company internally but for the time being - there's plenty of room to run on this. Feel like I found it in a perfect time because (I think) not only is there plenty of room to run - there's plenty of time to do so. Yellow line should mark the point of buyers exhaustion - red line I'd be out and potentially even going short. $81.96 fib would be most ideal target price - but since this is the first bullish chart I've seen (with confidence) in a while - I wana see how well $87.98 works out.