Squarespace (NYSE:SQSP), a website and ecommerce tools provider, has been acquired by private equity firm Permira in an all-cash transaction valued at approximately $6.9 billion. Stockholders will receive $44.00 per share in cash, a premium of approximately 29% over Squarespace's 90-day volume weighted average trading price and 15% over its closing share price of...
Squarespace has formed a Channel Up is the past 3 months.
Today is the 2nd green candle in a row after the Channel bottom rebound.
That rebound also made contact with the Rising Support since the November 8th 2022 bottom.
The price also crossed over the MA50 (1d).
Trading Plan:
1. Buy on the current market price.
Targets:
1. 35.00 (Resistance 1).
Tips:
1. The...
