SQ Returning to Top of Channel: 40+% Increase

Zaktualizowano
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.
Uwaga
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.
Uwaga
snapshot
Uwaga
snapshot
Chart PatternsElliott WaveTechnical IndicatorsnyseRelative Strength Index (RSI)SQsquareTrend Analysiswave

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