SQ, REVERSAL COMING!

Hello fellow traders and investors, here's a trade idea on Square.
Square has recently been pulling back and it looks like we could've just found a support. If it makes a recovery to the previous high it offers a 34% ROI.

Technicals:
The Macd indicates that SQ is still in a downtrend but since the Macd is a lagging indicator this was anticipated
The RSI is looking very oversold

When To Buy:
Now or when the Macd does a crossover

When To Sell:
At the take profit area

Fundamentals: SQ, Square, Inc. engages in the provision of credit card payment processing solutions. It is a cohesive commerce ecosystem that helps sellers start, run, and grow their businesses. The firm's sellers download the Square Point of Sale mobile app, they can quickly and easily take their first payment, typically within minutes. With its system, sellers gain access to features such as next-day settlements, digital receipts, payment dispute management, data security, and Payment Card Industry compliance. The firm offers additional point-of-sale services, financial services, and marketing services. They have a P/E of 333, a P/S of 6.65, a debt/equity of 1.62, a growth in sales Q/Q of 266%, an EPS growth Q/Q of 132%, a profit margin of 2.70% and a short float of 8%.

Rating: 75/100 the technicals look pretty good but it hasn't yet shown signs of a reversal and their valuation is pretty expensive so they deserve a 75/100.

I hope you enjoyed this quick analysis and many more to come.
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If you have any questions send me a message and I'll gladly respond.
Thanks
Fundamental AnalysisTechnical IndicatorsTrend Analysis

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