Another 2 years whiplash between $50 and $100?Huge gains and huge losses possible here. 2018-2022 we had almost 2 full years of whiplash between these values before the COVID BUBBLE sent us higher. Are we back and ready to bounce around here? Huge swing trade potential if this proves itself out.by HandsomeSlothUpdated 14
#Block $SQ #Bitcoin CompanyShould test the falling parallel trend line at around $45. Block is a payment company, owns cash app. Its tied to bitcoin price. It will reverse when BTC reverses. When Bitcoin up/down, Block up/down too. Longby GreatMinds117
SQ create M shape#SQ filled gap up at 53.2, IF #SQ hold above 53.7$, can back test 57-58$ support 51.8$ SQ creating M shape but i expect SQ need a bouncing from 57 up to 77$ before running M shape ( bearish pattern) by pninh09110
$SQ - May have found a baseNYSE:SQ Square looks to be basing with the MACD is curling up. The risk-reward here looks good for a bounce. The sell-off from the Square outage was probably overdone. If it can break $55, it could run to the $60-$62 area. If it breaks $50, however, it could see further breakdown to the $43 area. So know your risk and manage accordingly. Follow me for charts and trade ideas.Longby PaperBozz0
$SQ - Square Yesterday's outage broke $55 base!NYSE:SQ It is at extremely important support area. The Yesterday's outage caused the stock to break below $55, which was critical. In the past, Square has been able to bounce from $50-$53 area. Losing $50 would spell trouble for Square. Bulls need the price to climb above $55 quickly. by PaperBozz332
2022: The year of Jack DorseyAfter leaving Twitter to solely focus on Bitcoin, I believe the re-brand of Square to Block is going to be huge in terms of direction for the company. Bullish on Block, one of the largest Bitcoin focused companies paving the way for mass adoption. This is the next generation of banking. Don't underestimate the Jack.Longby BohrbtcUpdated 337
Block (aka Square) SQ Is at the Discount Price Level!SQ - Block (also known as Square) is at the Discount Price Level. It may be tie to dollar cost average into SQ. This level has shown to be a discount level about 4 times in the past. Remember past performance does not dictate future results. Also, fundamentals trump technicals every time. Do your research and determine if this technical analysis matches up. Portfolio Builders Club - Encouraging everyday people to start building a portfolio of growth and cashflow producing assets.Longby PortfolioBuildersClub2
Accumulation ZoneCancelling all the noises from the fundamentals of Block company otherwise the charts pattern is suggesting a good entry to accumulate $SQ. Been hitting multiple supports around sub 56-58p, might be a reversal from here? Only time will tells.Longby Casvanick4
Bullish Set-Up After Local S/R FlipSQ is currently at local resistance but after a massive sell-off, I would expect continuation to the upside short term. -------------------------------------------------------------------------------------------------- Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.Longby Navitility4
Buy low sell high (SQ)Block Inc. is an American multinational technology conglomerate founded in 2009 by Jack Dorsey and Jim McKelvey and launched its first platform in 2010. It has been traded as a public company on the New York Stock Exchange since November 2015 with the ticker symbol SQ.Longby space_bear112
Block Inc - SQ Weekly Block, Inc. has witnessed a significant decline with accumulation taking place within the current range. This situation appears quite favorable. I'm setting a target of $450 (You might consider me crazy for this).Longby Gabriel-Dao228
$SQ - Rebought after ERI closed my positions for a profit before the ER and now I started buying them again. The stock has dropped 15% since ER. It looks like a bullish harami candle was formed by today's candle. Targets - $70, $77, $80 Downside risk - $57Longby PaperBozz332
Potential Reversal Zone - Block, Inc. (NYSE) - Long-Term Chart: Block, Inc. 1M Block, Inc. has seen a sharp decline, currently trading at $64.64 which is down by 19.73%. The price is depicted by the jagged green line, and it's notable that it has broken through the orange trendline which has acted as support in the past. Reversal Zone: The horizontal dotted line near the $64.64 mark is of great interest. This price level could act as support. Caution: Keep in mind the red shaded rectangle below the current price. If the price breaches this level and closes below it, it might indicate further downside. Investment Strategy: For long-term investors, it's wise to observe if the price can sustain within the green shaded zone and show signs of a reversal. A more conservative approach would be to wait for confirmatory bullish patterns or candlesticks before considering an entry. A stop-loss can be placed below the red shaded area if the position is taken. Always ensure proper risk management and conduct your own research. The market is unpredictable and investing always comes with risks.Longby aaronkaltman0
SQ WVAP Breakdown into Earnings LONGOn the 30- minute chart BLOCK ( SQ) broke down from a VWAP pop last week into a drop this week to earnings which were a 7% beat on earnings. MACD lines are about to cross. he lower RS line in green is showing bullish divergence while the mass index signal is in the reversal zone looking to trigger with a fall. Finally the narrow range or flat candlebars at the end of the price action show the reversal is impending. I see this as a fade into good earnings worthy of a reversal long and so I will take that trade.Longby AwesomeAvani4
SQ Earning Analysis|Aug 3rd 2023SQ ER analysis is here. I am bullish. Please understand the process of rice which has been clearly explained in the analysis. NOTE:DO NOT TRADE OPTIONSLong08:21by THECHAARTIST778
Possible goal 74If we don't fall below 50, the nearest goal is 63, if we go higher, we will work out a double bottom with a goal of 74Longby Tontine_Coffee_HouseUpdated 336
SQ LongTrendline break buy 60 Stop 55 Target 69, 89 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account. Longby PlanTradePlanMMUpdated 223
Target approachingI dreamt a Major pullback coming after my dream of reaching close to 81 in my previous post. SQ is one of my favorite tickets that have made me profits. I don’t suggest you buy or sell, but definitely worth analyzing Shortby BeardedMoose1
SQ tends to be bullish in June and Julythe upside prevails as long as 62.5 is support ... the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 62.854 and 61.7746). My price target for SQ between now and its next earning is $72.5Longby KhanhC.HoangUpdated 4
$SQ Cloud BreakNYSE:SQ Finally breaking the daily cloud. It takes months for a setup like this to happen. I've seen these rip right through the cloud so many times. Longby TJ01Updated 5
SQ Entry, Volume, Target, StopEntry: when price clears 67.62 Volume: with daily volume greater than 9.27M Target: 73.5 area Stop: Depending on your risk tolerance; 65.66 gets you 3/1 Risk/Reward. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.Longby tradepatientlyUpdated 4
SQ Key Resistance Break (Swing) Square broke a key resistance with strong volume and a strong bull candle. This was following a previous longterm trend failure on the larger green uptrend line back in late June. Price eventually reclaimed the trend-line and continued upward. I am watching for a retest of the broken resistance turned support or some indicator that price holds above here before swinging calls into the Gap above (grey area) to finish filling it. Trade Idea: If there is no gap up which is very possible, I will wait for price to pull back into 67.02 - 67.97 support zone. Ideally, I want a retrace or touch into the second, nearest blue box for a retracement. After price does either/or, I will wait for a bullish continuation candle to signal an entry. I will update on entries and exits. Targets: 70.55, 72.00, 72.60 Stop: TBD but for now, 65.14 or a break and close below support + trend-line Longby Stockstradamus_Updated 3