NYSE: $SQ | #Square in the Midst of a HUGE #ABCcorrection! NYSE: $SQ | #Square in the Midst of a HUGE #ABCcorrection!
Square
SQUARE poised to make new highs sooner rather than laterTenkan-Sen beginning to converge with Kijun-Sen.
RSI picking up aggressively.
Earnings after the bell today...
Investors are pleased with what @jack has done with both $TWTR and $SQ; each stock is poised to keep up the momentum as we head into 2019.
SPX | M | SQUARE & FLOWER SETUPEnd of month moment arrived !! enjoy this new setup! A very exciting October month ahead :)
it contains some imperfections... this is the best I can do at this TF due to some limitations of the charting library but still gives a nice view :)
should be clickable tomorrow :)
zoom out:
Cheers,
Keops
$SQ entry on .786 fib cypher pattern and green volume$SQUARE giving me a green light of this cypher pattern. My call here is not to be construed as financial advice, markets can go against you at any time. As always, risk management is key.
SQ Healthy PullbackSQ got wrecked last week, but managed to bounce at a key fib support. I expect the bullish trend to continue on this one.
$SQ bouncing in the channel and then an ATH.Square will bounce until earnings and then booooooom to an ATH.
SQ Fib Price Targets for 2018SQ looks to have found support after a HEALTHY retracement. I will look to add some shares to my longer term accounts as well as take advantage of some nice Intra day setups.
ETHUSD | 3H | SQUARE & FLOWER SETUPAnother variant of my square and flower setup. As you can see, you can perfectly fit 3 horizontally and vertically aligned squares (hypotenuse alignment) inside the inner flower. This illustrate very well the connection to PHI between the square and the flower..
Pressure is building up as the price is stuck between a resistance edge and upward spiral..
Cheers,
Keops
EOSUSD | 3H | SQUARE & FLOWER SETUPThe square and the flower are linked via what I call an harmonic resonance ratio that is related to PHI. enjoy!
Cheers,
Keops
Monday to give direction on SQ for the coming weeksSQ 4hr chart equilibrium break will give direction for the coming week - breaking up above 92.39 increases confidence in continuation to new all time highs this week, and a break of 89.31 will have us looking to test 83.34 as a daily support. The weekly chart is getting extended with 6 green weeks in a row and a bearish reversal spinning top doji on declining bull volume. If we do lose daily support, consolidation on the weekly would be very healthy so long as the bulls can hold the MA20, somewhere around $70 next week, and do it on decreasing bear volume. Weekly support is 63.21 and is nowhere near at risk of being lost
$SQ - SQUARE SCREAMING TO TAKE PROFIT$SQ
If you are trading Square, I would be very careful. On the weekly chart, price is touching the top of the massive ascending channel (likely to test the bottom eventually), huge bear div on RSI, and a potential reversal doji. Technically, this screams "take profit."
Square is Ripping! But Don't Buy out of FOMO...SQ shows multiple signs of a strong bull trend. Be careful when looking to buy lest you get caught in a retracement.
Currently, SQ is trading at $87.88.
We will find resistance from levels from above including the following:
89.22 from highs and lows over the past 14 periods
We will find support from levels from below including the following:
69.88 from sma 50
68.90 from highs and lows over the past 14 periods
63.21 from highs and lows over the past 30 periods
43.72 from highs and lows over the past 100 periods
38.80 from highs and lows
As for Technical Analysis we have the following. Volatility is extremely high. Expect some consolidation soon. The RSI is 79, indicating that we are overbought. A bear pullback or trend reversal can be expected. The MACD is quite a bit above the signal line suggesting that we may have a trend reversal or pull back soon. SQ is above the 50 period SMA by quite a bit, suggesting that we are overbought. Furthermore, We are well above the 100 period SMA, which suggests that we are overbought. Finally, the 50 period SMA is above the 100 period SMA, indicating longer term bullish confirmation. The ADX is at 70, which is strongly bullish.
We are above the central moving average of the Kovach Reversals Indicator at 74, but getting closer to the upper bound of this indicator at 85. Watch for resistance at this level.
bull score: 11, bear score: 0, ranging score: 0
Square: Short term drop coming - Wait for support to be testedSQ still moving in the upward channel, but failed to drop down after touching resistance a couple weeks ago. Resistance was retested and rejected, with the RSI showing a strong bearish divergence. Wait for the bottom of the channel to be tested to buy in, or wait for breakout above resistance. Target in the low $60's. Good luck.
My opinion not financial advice
