The price of SQ is back above its 50 day MA and going for the breakout. I had this stock before the correction and got a really good profit, I think I can do it again. The thing I like the most is that is clearly a market leader.
I wanted to compare SQ with its real peers, so, ARKF is the perfect ETF to do it. The quotinet shows I good relative strength for Square.
The stock is rank #1 by IBD in its industry and has an IBD relative strength greater than 90 points. And better so, is #2 top holding of ARKK. This are all bullish signs for me.
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