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SQ

Square Inc Tech AnalysisSquare Inc look very bullish and catching up the market after hard downtrend of March . Indicators: Obv W%r Average true range Ema 20/50/100 We have positive deviation in Obv , W%r have more room for buyers to pushing up if we break and average true range ( Atr) of 13.6 . Our supports level is 200$ on the bottom and ema 100/50/20 for the middle until now they act very good as well . Our resistance level is 241$ , Weekly resistance top . ema 20 is still below ema 50 , crossing above will trigger a uptrend and bigger chance to cross 241$ . Our Two first Target if we se cross above 241$ : T1 - 260$ T2 - 280$ Support : S1 - 229$ S2 - 221$ S3 - 200$ Trade range time : Two weeks * There is no buy / sell recommendation in the aforesaid ,
NYSE:SQLong
by daveinvest8
Square $SQ is back!The price of NYSE:SQ is back above its 50 day MA and going for the breakout. I had this stock before the correction and got a really good profit, I think I can do it again. The thing I like the most is that is clearly a market leader. I wanted to compare NYSE:SQ with its real peers, so, AMEX:ARKF is the perfect ETF to do it. The quotinet shows I good relative strength for Square. The stock is rank #1 by IBD in its industry and has an IBD relative strength greater than 90 points. And better so, is #2 top holding of AMEX:ARKK . This are all bullish signs for me.
NYSE:SQLong
by dpuleo19
SPRT next crypto miner leader Interesting play and even on existing business model CEO has a history of building companies. Didn't see this one coming but even with today's move we believe this is far from over. Have fun and enjoy the ride! Fundamentally should be multiples folds higher based on the competitive metrics and although it moved today once people do some work on this are realize what they got it should start to get real attention vs the day traders. $btc bitcoin miner
SLong
by Hatchetaxe
$SQ idea - potential for a move to $300 or $130This is not investment advice, do your own research. I'm playing with 2 scenarios for NYSE:SQ in the coming weeks. Scenario A) Bull - Since SQ reclaimed the rising channel, and is oversold, so I could see it making a final push higher to around $300 which is the top of the rising channel. Scenario B) Bear - SQ pops up to relieve some oversold pressure, forming a right shoulder over a couple days, then ultimately breaking down, taking it to around $130-150. These are level of support, and is the measured move of a H&S.
NYSE:SQ
by dagenn99
1
Tips For Buying DipsFirst of all, dips happen all the time. There are always pullbacks in price and they happen for various reasons. Here’s a checklist I quickly wrote down for myself. The chart here shows Square, mostly because it has been on an epic run! Congrats to those who have enjoyed it. I was once a proud owner of this name, but sold after it seemed to get a little "frothy." Feel free to share your thoughts in the comments after reading my tips for buying dips: 1. Always know why you’re buying now and not waiting patiently. Why is this the dip to buy and not another one? Take the time to do all the research you need. 2. You should do enough research to explain why now is the time to buy to anyone. And it should be understandable. Sometimes writing it down helps. Being able to explain it in a simple format is equally important. 3. Have a plan. Know where you will exit if it comes to that. Because that does happen. The old saying plan the trade before you make the trade. It's way too tempting to just rush in and buy without any regard for the necessary plan. 4. Sometimes a dip can turn into a correction or crash. Reminding yourself of this can slow down any impulsive actions. That's really the key here. Avoid impulsive buying. I have done this many times in my career and it has rarely ever worked well. 5. Find technical indicator that works well for you. Learn to love it. Study it. Understand why and what it does. It can be a handy tool to confirm your process or look for the conditions you want. On this chart I am having some fun with the open source script Moving Regression Prediction Bands . I like scripts like this because it's using statistical method to show price anomalies. 6. I also like using the Price Range tool to measure the percentage change in the dip. And compare it over time. I've listed three corrections on this chart. The key is to get a sense of where price has come from. Others might use fundamentals and wait for certain ratios to align, for example an attractive PE ratio or something like it. It’s up to you, but having a trusty tool can be of help. 7. Timing the markets is really hard. You can also view dips as a time to lower your cost basis in your favorite positions or as a potential way to swing trade. But once again, that's probably something you want to define *before* diving in. 8. The saying “Never risk money you can’t afford to lose” is especially true in dips and volatility. Additionally, if you are looking to buy a dip, there's no reason to buy all at once. Take your time. Wait... Wait... 9. Look at your account history and study your previous trades in similar times. Learn what's worked and what has not. 10. There are no easy answers to markets, but using the right tools and following some basic risk management principles can be of help. That's the key point to this post. Hope you found it interesting. They are a few rules I have in mind. Please feel to share your own in the comments. Or even better, publish your own idea. I will try to do this again as well. There are some other topics I look forward to adding to this post.
NYSE:SQ
by scheplick
12