Square Is a POWER Stock! | $SQ Technical Analysis скачать в хорошем качестве

Square Is a POWER Stock! | $SQ Technical Analysis

Square stock is shaping up to be quite a power stock and has been coming off of its all time highs, but they are incredibly volatile. With a beta of 2.61 is showing that its moving quite well with the market. If the market moves 1 time for example, Square will move 2.61 times compared to the market. Square is a product that is wonderful. For payment processing needs for small businesses, they have been making their mark in this space. With a clean app and user interfaces that make it easy to use, its making the point of sale system an overall different experience. Its a good idea to keep an eye on the bid and ask difference. Yesterday when this stock was being looked at by TraderMo, this stock was not in line with what the market maker was looking for as you'll hear in the video. If you were trading this long or short, it would be a good idea to throw a tracker share on there to keep an eye on it. As mentioned in the title, you'll hear a reference that this stock is a power stock. What that means is is that the stock is showing that its making new all time highs consistently going above its major moving averages. If you see that Square makes a new all time high, it might be a good idea to consider buying this stock using stops. There is a good chance that this stock could make a swing for another new all time high. If you are looking from a daily trading perspective, you'll likely see that the stock will bounce around its consolidated area but it could start to see a breakdown past the 100 and even 200 day moving averages. The thought of swing trading this stock may not be a good idea for the moment. It may be good to wait and just keep an eye on this stock. For day trading, there is a lot craziness. There is a lot of intraday volatility due to its beta that it carries. When the market moves big they move big. You can see that when they have their big falls and big rises, that is what the beta is doing to you. It's a good idea for tech stocks like this to keep an eye on its beta. Apple and Facebook for example are typically matching what the market is doing. Always remember that the trend is your friend when looking at trading like this. This stock needs to choose a direction if you were looking to swing trade the stock. If this stock breaks out past its all time high, there may be a continuation of this power stock. -------------------- Join our Patreon! -   / everythingmoney   -------------------- *WANT BOOKS WE RECOMMEND FOR INVESTING* The Intelligent Investor: https://amzn.to/3th0qF2 One Up On Wall Street: https://amzn.to/3cBdcs3 Beating The Street: https://amzn.to/36yxMW8 The Little Book That Beats the Market: https://amzn.to/3qfam04 The Complete TurtleTrader: https://amzn.to/3jH2QZc -------------------- SUBSCRIBE: https://www.youtube.com/channel/UChBV... Video editing by Rohan and Sharvari (The Tweaky Tales) ⚠️⚠️⚠️⚠️⚠️Disclaimer⚠️⚠️⚠️⚠️⚠️ Our channel disclaimer can be found here: https://bit.ly/3n0NxuD