Pocket Pivot Review - Square (SQ)
|Published:||4 Jan 2018 10:40 ET|
Square (SQ) is on track to post a bottom-fishing/roundabout type of pocket pivot coming up through the 50-dma. The stock is a beaten-down leader that went into a climax top on the Bitcoin mania after it announced it would allow users of its CashApp to buy Bitcoin. Other clouds are trying to make a turn here, including CRM and WDAY, so this may be viable here...we have a position taken on the basis of an undercut & rally move that occurred three days ago.
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