The Long Investor
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$SQ
🕑 Added 2025-01-13 12:57:18 +0000 UTCIn terms of structure, very little has changed here for $SQ, it has pulled back in 3 waves so far to in between the 0.38 Fib and 0.5 Fib levels but it has lost the 50 Day MA and back into the broadening wedge now.
For now, holders should continue to hold as the structure remains in place and the price is still above the 200 Day MA at $73
I do not hold $SQ but if I was, I would be considering holding throughout any pull backs and think about adding in the Buy Zone if the Wave 4 support level is not held....similar to my position with $PYPL.
Comments
DiegoTheSabre17
Thank you Cap. This answers my PYPL vs SQ question!
Kad
Thanks for the update Cap! I am holding for long term and was about to trim a bit to add it later in wave 4 since I thought it is overvalued by being quite above the 200 WMA.
