We recommend taking profits on the long Square (SQ) at the market, $82.31
Sell the long position we have in Square (SQ) at the market. Current price $82.31
Technometer is now nearing overbought, and as you can see from the points marked that the Technometer has been very reliable on this stock.
We bought this on 10/10 at a price of $69.60 so nice short term profit! This day is also marked on chart, but our Technometer did not give us a buy that day. It actually did two weeks later at a better price of $66.00. So let’s take profit and stand aside, as the general market could have alot of short term volatility here.