SQ Returning to Top of Channel: 40+% Increase
Updated
Bullish crossing on the MACD, bounced off strong RSI support, and upward channel has been holding strong. Moving back up toward top of the channel, completing the 5th Elliot wave as predicted.
Square has had exponential growth recently, with a forecasted growth in earnings by over %100 in 2018 and over 700% in 2019. Its payment system has had widespread adoption and is growing very fast, with no signs of slowing down. After the recent dip, this is an excellent buying opportunity.
Square has had exponential growth recently, with a forecasted growth in earnings by over %100 in 2018 and over 700% in 2019. Its payment system has had widespread adoption and is growing very fast, with no signs of slowing down. After the recent dip, this is an excellent buying opportunity.
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Jumped the gun a little early. Should have waited for ABC confirmation. We have seen that now. Waiting for Stoch to turn oversold and cross bullish and wave 5 will be in formation.Comment
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