A subscriber emailed me about Square (SQ) Wednesday: "What do you think about buying Square here?"
In our last review of SQ on March 2 we wrote that "I will assume that traders are flat SQ. Despite the recent bounce in prices the overall chart picture suggests more weakness is possible. The long-term Point and Figure chart is very promising but we have to deal with near-term and the possibility of a deeper correction. Avoid the long side for now."