RE: Bount: Square got rejected. Sell or Hold?

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Bount: Square got rejected. Sell or Hold?

in square •  5 years ago 

Well it got rejected after a fast move. Such moves are unsustainable and always end up retracing slightly. As long as it respects previous swing levels, I would be holding a long-term position. It must stay above 25 HMA too (black). If it breaches either of levels and breaches, I would definitely be concerned.

square
5 years ago by

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