Square Resets Its Base Count
Spectacular run in Square in 2017 and 2018 but not much from it in 2019. But don't count it out. Though rare, you do have many cases of former leaders coming back to lead again. Square is showing a breakout from a cup base with a 83.30 entry. An earlier entry came from a little handle at 71.10 that didn't show up on the weekly. You've got two things making this a reset of the base count. First you undercut the prior base low at 59.89. Second the amount of time put in. They either wear you out or scare you out, in this case it did both.