Square put in a double bottom which is often a bullish signal.

Square has been looking good lately after having spent some time building a bit of a base from which to potentially move higher.

Double bottoms are often seen by technical traders as a good signal that the stock is likely to continue to move higher. You can always expect a bit of a pullback, but overall it is a pretty bullish signal.

Worth watching.

Note

We have had our expected pullback. Back at support and at the 20 day moving average. Watching closely for move up if it holds this level.

Note

Here we go, got our bounce of the horizontal support line and our 20 day moving average.

zAngus

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zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus

Also on: