Square (SQ) has more downside before reaching support

2018年10月8日

I love the company Square and think they will do well long-term. But it has run too far, too fast in 2018. The stock is now down around 15% in the past week, but needs to correct another 10% before hitting support. Only after a drop to $72, should investors consider buying/adding the dip. Otherwise, there is the risk of catching a falling knife.