I love Square and think it is a great growth stock. I do not like the resistance it is hitting up there and I do not like the W that has formed. SQ came down for the XA leg of this last W and price is contained in the rectangle.
Many look at Ws as a double bottom...ie..ZS. Ws bother me but does not mean a whole lot just cos they bother me. I prefer Ms with a nice bottom..then they usually turn up again a lot of the time.
Most of the time we go with the flow but we do have to stop for a second sometimes.
I am not in this although I bought at 80ish and made my fair share so not complaining. . Just this one got a bit over my head and started scaring me a bit. Capricorn in me I suppose.
This one may turn up tomorrow and hit an all time high. It will suck rox because I will not be in it. Always a bumber when it is a security you love but you are no longer in it )o:
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