SQ AnalysisNYSE:SQ recently hit $261 & got shot down. Has a good support at $252 & bouncing back up. It's heading towards $260+ as per 4hr chart. Love to see how much it goes up before the Earnings Nov4. FYI - Valid only before Earnings.
SQD trade ideas
Falling Wedge- Bullish - UpdateNice falling wedge on SQ's hourly timeframe- Just posting a quick update as SQ is still looking very interesting here- will be watching closely for a breakout from this wedge here (broader market conditions permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish
- Bullish divergence on the RSI
- MACD Cross
- Ascending Triangle Forming on the Daily Timeframe (See Attached Chart Below)
- Sitting on its 200-day EMA on the Daily Timeframe as well
PT1- $239.71
PT2- $243.06
PT3- $244.66
PT4- $246.51
Daily Timeframe-
Previously Charted-
SQ reversal at $230 SQ is still in the wedge/pennant. $230 is looking to be where this reverses. looks good so far. Would have to break above $274 to see $294
SQ long to 300+Very rough draft EW analysis... with ERs out of the way, it pulled back to this buy zone (Wave 2 intermediate, 200sma, Trendline support, and daily demand)!
Very good r/r here, could play this with a SL below 235
PT1: 273 (SUPPLY)
PT2: 299
PT3: 340
Happy Trading!
Square Ponzied - Jack Pump - Silicon Valley Sham - BTC No NeedThe network effect & stablecoins thrown into an #echochamber of advertising. Nasty. Profits over people with #shadowbanking & #feevultures. Buy now pay later bla bla. Show me a fiduciary please. JPow already said that Bitcoin is "not needed". Therefor, no need for the middleman to take percentage of moving it!!! Just need a personal wallet to send & receive #CBDC!!! bye bye middlemen payment platforms!!!!! $FB Libra Anyone?? nasty. META? nice try Zuck!! We remember.
Go Gary G!
Thanks for #digidollar #CBDC JPow & company. lol
The #metaverse is real. Go Brave Browser!!! $BATX
#cannabisreform #thegem Jobs & Justice
Akerna $KERN has the COMPLIANCE DATA SOFTWARE!!
GL
What do you see... Really, this is a beautiful chart... in strange times... tell me what you see...
Also I'm going to sell 154 puts... FYI
SQ - sitting at support AVWAPSQ reports ER on thursday and currently sitting at anchored VWAP.
On Wednesday, October 13, 2021 there was some notable buying of 5,171 contracts of the Dec $240.00 call
Short interest has increased by 22.3%.
Play the ER runup as most tech ER's have been disappointing.
SQ to $275 on inverse H&S?Greetings,
I anticipate a bullish run to $275 for SQ based on the inverse H&S pattern shown on the daily chart.
Happy Trading!
SQUARE - BULL BEAR make it or break it zone
Failling to make higher high on a close basis
Price is trading within bearish mother candle (2 inside candles)
1hr time frame evident H&S potential and testing support
Daily chart FIB top to bottom tested and rejected the ultimate entry zone (additional confluence for fib traders)
SQ - 11/01/2021SQ monthly chart is giving an bullish ascending triangle, and upcoming ER will give ultimate direction to the trade.
SQ Trade OpportunitySq is trading in an aggressive bullish channel, There is also a symmetrical triangle
SQUARE Inc. (SQ) AnalysistLast Night SQUARE Inc. closed above support at $254.44 and made bullish engulfing candle. so, potential to go up. my target analysist at $273 and stoploos at $251 positive or negative catalyst could affect for this analysist.
Note : Note : just a self analysist not recomendation
SQ LONG $260+NYSE:SQ is trading within a Bullish Flag. It held the bottom trend line of the flag today. If this holds tomorrow it should bounce back up to $257 -> $262 -> $264 considering the Earnings coming up in Nov. NOTE: Since SQ is invested in Bitcoin, should always keep an eye on Bitcoin price movements.
Square stock is trading inside the box. SQ analysisHi everyone,
Today we are taking a look at NYSE:SQ perfomance.
As always, I've put the stock inside my boxes.
NYSE:SQ has been trading with high volatility inside 190-280 range for almost a year now.
Key demand areas:
191-197
222-230
Key supply area:
281-288
My outlook:
To go for ATH we have to break 290 and consolidate above.
To start a position look for the entry inside the demand zones.
I think the company has a great long-term potential in fintech space with crypto adoption, so I am long .
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
Falling Wedge- Bullish - UpdateSQ frankly looking very Bullish here Going into Earnings. Bullish and looking for a breakout- Just some support and resistance levels to keep an eye on along with some RSI based supply and demand zones
See Previous charts & weekly chart below
Weekly Timeframe-
- Ascending triangle forming on the weekly (See Chart Below)
- Bollinger Bands squeezing
- Slight hidden bullish divergence
Daily TimeFrame
- EMA's starting to curl upwards
- Falling wedge
- Sitting right on its 50 day Moving Average (Not Pictured)
PT1- $261.28
PT2- $267.18
PT3- $271.76
PT4- $272.33
Previous Charts-
Can we expect a new bullish impulse on SQ? Today we will take a look at Square Inc. Jack Dorsey's company. In case you don't know who Jack Dorsey is, he is the founder of Twitter inc. In case you don't know what Twitter is... (I'm just joking)
Let's go back to Technical Analysis:
I can see two clear structures here:
*The previous impulse (which is a sequence of higher highs and higher lows) + The current major correction is a sequence of movements inside a constrained range. Ok, what is so special about that? Using Elliott Wave Theory, we can see the relationships between these two movements; one is a correction of the other one. And what Elliott concluded is that the next bullish impulse (IF it comes) will have kind of a relationship in terms of proportions with the previous impulse. That's why we use Fibonacci Extensions to define targets. Key Take away of this bullet point: The targets for a possible bullish movement are: 350 / 400 / 440
* Now let's take a look into the current major correction: After 170 days below the previous high, we saw the breakout in August, after that the price has been correcting on edge (which is pretty standard, after the breakout of structures of this size) This minor correction has been on its range for almost 80 days.
* Conclusions: IF (capital letters, conditional sentence) the price makes a new ATH, we will consider that as an activation level for the bullish view. Targets are the levels we mentioned before. Invalidation level will be below the minor correction at 218.00/ IF not the analysis is not valid (that simple)
*The expected duration for a movement like this can go between 100 to 150 days
Thanks for reading guys! Remember to add any ideas or thoughts to the comment. Protect your capital!!!
SQ Sq looks great on the 4H forming a V top, need to see if it can break blue line to clear the top and move up points, unless we reject top of line and come back down t test supports. Also Sq has a good catylast going which is new check out on cash app pay for consumers.
$SQ - weekly chart is fireWave theory may have this pegged to go lower (which aligns with market right now), but holy crap this weekly chart looks good. Sq had a failed breakout this week, but for now is still surviving the 30 week MA backtest. When this one breaks out it is going to fly.
Vol shelf support and Avwap pinch, this thing could get legs this week if market conditions permit
SQ LONGSQ great company probably one of the most innovating companies around so IMO the future is bright for this company and $300 is around the corner.
