We are buying SQ at the market, current price $58.96. Our Wyckoff Wave is oversold here as well as SQ. We like the price action in SQ and will buy at the market. Use protective sell stop at $55.15
Categories: Model Stock Portfolio, Trade Updates
Related Articles
Wyckoff Wave Ready To Rally?
The Wyckoff Wave was down for the week. Volume decreased slightly again. The O-P was down for the week. The Force Index was down for…
The Wyckoff Wave Needs A Little Lower Before A Low Is Reached.
The Wyckoff Wave finished the week lower as expected, on slightly higher volume. We had a neutral Technometer last week so we was wanting lower…
The Wyckoff Wave Neutral, So Let’s Look For Further Pullback.
The Wyckoff Wave finished the week lower as called for on average volume. We was looking for a short term pullback which we got. With…
Wyckoff Wave Oversold, Can We Now Rally?
The Wyckoff Wave traded slightly lower for the week, on slightly lower volume. We was looking for more upside action off of the “last point…
Wyckoff Wave Met Resistance As Expected.
The Wyckoff Wave closed the week down sharply, on low volume. For the last week and a half, the Wave had met resistance at its…