SQ stock, buy zone 276.10 (+-5%), chart partten double botton
Square is a digital payment and cryptocurrency leader. Recently, Square disclosed a new $170 million investment in Bitcoin on top of its $50 million purchase in October. Bitcoin represents 5% of total company assets.
- SQ stock recommends a buy price of 276.10 a 35-day dobule botton pattern.
- Composite rating reached 96 points, EPS rating reached 99 points
- Found support at the 10-week MA; currently the 5-day MA is crossing to the 20-day MA identifying an uptrend.
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