PagSegura (PAGS) is a Buy on the Dip

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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.

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ملاحظة

Conservative investor might want to wait for a breakout above $30, but I think an initial tranche on this dip makes sense. Long @ $27.50.