Square had a fabulous 2017. It ended the year with a bit of a pullback, but it might just be a nice opportunity. Square has formed a nice triangle right at a nice support level from early November.
All of the payment system stocks had a good year last year. With the pickup in retail through the holiday season, this may just be the calm before the storm. I'd let someone else own it if it hits a stop just below $34.
Greg Schnell, CMT, MFTA