SamSuka
The Long Investor
The Long Investor

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$SQ

$SQ continues to push higher as the 10 Year Yield shows weakness again today.

There is a clear and full correlation with the Yields and Banking sector stocks.

We know that a pull back is needed here but there is value hunters still very happy to add at these lows levels and there is still a long way to go for this to move back up to the top yellow trend line.

The price action looks to be drawn towards our blue line.....maybe by here at $55, there will be a need to pull back.

Either way, nice bounce form $38 to $51 today.....just a casual 30% bounce.


$SQ

Comments

Or maybe it has just arrived...

Gareth Neary

How come PayPal wasn't invited to the party?

Danielstocks#7923


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