Trading in the wedge and I think this exploded to high 30's. Environment is right and can be acquired by some big name, who knows. May 17th: 32.50 calls are something I am eyeing on. Start building some position.
Weekly chart shows nice flat base. This $SQ of Brazil may finally be wrapping up its consolidation
Nice bottoming formation on the chart, higher lows, undervalued relative to U.S. counterpart Square (SQ), bullish news from Brazil that a pro-business leader could take charge.
IPO level supported price.
Pagseguro or $PAGS, the Square of Brazil, with interesting formation coming out of IPO base. Strong hedge fund interest. H&S formation with a bear flag or larger wedge formation developing?