Good afternoon! I love these two stocks, they are so highly correlated. Their high correlation makes life easier when I'm charting. I love buying calls on SQ because when I discover a pattern I usually seek corroboration with another chart (paypal in this case). Some like to use indicators I like to use a variety of charts, its the best way to assess a trend in my opinion.
@WonderfulMongoose, Thank you very much for the feedback! I always tell people not to rely too much on indicators and adopt and assessment predicated on inter market analysis.