…yeah, I don’t know what that means. Anyway, SQ is bullish after finding support over the past two months. Nice support building at the 50 MA, and long support (sell stop) at the 200 MA. Volume picking up, so I’m assuming larger investors are bullish as well.
Why the recent rise? Square gets upgraded on pursuit to offer financing products to small to mid size businesses, which makes perfect sense. Square and Twitter are household names. We like to own stocks that people know. Ride to $15!