SQUARE a bullish technical take, we also joined

05-24-2021   After today’s jump, please protect your profits=; from our double bottom technical buy...

Bullish?    Very interesting.....Square quietly preparing to offer checking and savings accounts, according to Bloomberg https://www.bloomberg.com/news/articles/2021-05-24/square-to-take-aim-at-jpmorgan-with-checking-savings-accounts?sref=QY7kFAuy

On 5/14/2021    We are LONG  200-shares of SQ  at $193.00

SQ in 2020 into 2021 went on a parabolic run, from a post-Covid-19 sell-off...from a low print of  $32.33 to on March 18^th 2020, we saw a stellar lockdown and great stimulus run to all-time recent highs of $283.19 on February 16^th, 2021, a subsequent sell-off to $191.36 a potential retest of the relative highs on  April 14^th, 2021 at 278.19 then another rollover to $192.21just a few days back...(May 19^th, 2021....now we sit right above the daily 200sma at 205.90 today after a 10+ point reversal run....the 240ema my favorite indicator is at $192.74 (where we took on a 200-share LONG position at $192.75 a likely double bottom....we also had longer term support off of the weekly 50sma at 193.65....we also pulled back to the 38.2% Fibonacci retracement as you can see from the charts!