$SQ Overbought - Topped Out

SQ Square - After some positive news today Square pushed once again for fresh all-time highs - for a stock that was already looking fairly over-extended before today.

I'm long term bullish, but this stock definitely looks due for a corrective pull-back in the very near term. The rise since early may (>80% gain) is now looking borderline parabolic. Targeting mid-70s before end of September.




Note: Informational analysis, not investment advice.