SQ breakout bear playSQ had a massive break forward after an early ER realease and afterpay deal. Unfortunately, no new ATH. Bounced off the rising resistance and now I am looking at a fall to grace on the 20 day MA. After that, would watch if it holds the 20; if not, play it to the 50 day MA.Shortby JlovUpdated 0
SQ Levels Intraday/Acute SwingSQ Levels Intraday/Acute Swing. Ive kept same levels from initial map from a couple months ago. Only new level here that was added is 271.30 for intraday levels. Fun price action when you see it. by GroundNinjaPublished 3
SQ consolidation (Bull Flag), above 247 could go to 270-280. Getting a lot of hints in the news about Square's future. Could drive the price back to 270-280 area in 2-3 weeks. Also, seeing a bull flag pattern on the daily chart. Target - 270-280 Entry level - >247 Stop-loss level - 233.80 Position - 5% of the portfolio Longby adilbekkubayevUpdated 443
SQSQ had a beautiful breakout today post-earnings and almost hit $281, reaching a day high of $280.88 - then shortly after dropped 10 points prior to close. If you missed an entry in the 260's I wouldn't play calls on SQ right now until it breaks through ATH of 283. I am going to watch how it holds from this range and see if it can retest/break through 283 soon. From 283 SQ can continue moving upward and test 290, 300 next. Longby ChaseMColvinPublished 1
Don't get your hopes up ahead of earnings with today's front run(Opinion only) Likely to reject here.. Shortby StockPickingEnthusiastUpdated 222
Cup and HandleEarnings this am. Possible stop under HL (handle low) or MC (mid cup) No recommendation. Not quite to long entry level which would help clear prior resistance. Price popped through top band today with the moving average on 80. Possible pull back. by lauraleaPublished 3
SQSQ: Blowing past all KLs. Let's see what it does when it nears ATH's. Time for new levels?Longby GroundNinjaPublished 2
Will break ATH?Have to watch what will be next move if breaks I will go bullish on this oneby gustavorivas58Published 0
SQ BUY OR LONG, TARGET $360SQ has hit the buy point of a " Double Bottom " pattern, with solid break out volume, $360 target with a stop loss of around 5%. Longby VictorStone99Published 8
I forgot to post this SQ SQ SQ =) i feel like itll break out doeBull: -This is pretty neutral to me because it can bounce from my 38.2% zone -Hippy CEO was just in an awesome conference call interview with elon and cathy. *youtube it* - not financial advice touches my blue box im buying Bear: - I can see it breaking the 38% zone with this red candle wick from the downside. -Trend can easily break towards the downside and touch the 62.8% zone which I will expect a jump. - If not its going to my blue box lower 200sby okumixdPublished 0
SQ (SQUARE INC) Inverted Cup & Handle Saw this INVERTED CUP & HANDLE setting up on the 27th-28th. Played out to a T. If this pre ER sell off continues (probably based on PayPal poor ER report) then it could see 238-236 before ER and based on they're report. SQ sitting on a important support currently on watch for more possible downside. Shortby MikeeBuildsPublished 332
SQBeen trading SQ quite frequently for the last couple of months. Now waiting for the big breakout to ATH+Longby SongWinsPublished 331
SQ UpdateI wouldn't play calls on SQ until it breaks above $270 again, which could happen very soon. Price action is pretty weak overall today, below 262 sq can back-test 258, 253. Above 270-273 SQ can retest ATH's around $280, still very bullish on this stock in the long run.Longby ChaseMColvinPublished 4
SQ has had a big run, need to retrace some before entering SQ has went up for the last few days, looking for a retracement back to the 50% levels before entering, or if the top trend line is broken the bull run is still active. May be an opportunity for a quick profit. by Davis_StocksPublished 4
Bullish- Flagging on the yearlyWill be watching SQ closely in the coming weeks. Flagging on its yearly chart and Bollinger Bands are squeezing (not pictured). SQ has earnings on 8/5' so will be looking for a run-up to ER. Just some support/resistance levels to watch- Bullish Longby jacobosiason7Updated 227
Two scenarios explained on Square INCToday we will analyze SQ. This company is the 4th biggest Holding of ARKK and is run by Jack Dorsey (Twitter funder) So what can we see here? 1) The main structure: We have a horizontal compressive channel that has been in formation since its peak on FEBRUARY 2021. This is useful because we can know if the price has made a clear breakout or not based on the reaction on these levels and daily candlesticks closing above or below. The main idea here is: If the price stays inside these levels, don't assume any breakout yet. 2) Possible Bearish Scenario: If the price reaches the highest level of the structure and reacts there, we can expect a bearish movement towards the other side of the range. (Interesting level for reversal traders) 3) Possible Bullish Scenario: When we want to develop swing setups based on new trends starting, we take some considerations before risking our money. First of all (Clear Breakout), we want to observe a new ATH (no doubt that the price broke the structure). After that, we want to observe a small consolidation, as you can see with the yellow lines. IF that happens, we can trade above that and set stop loss below the level. This provides a great confirmation and a setup with a perfect Risk-Reward Ratio of almost 1:3 to the first target. Expected time towards the final target (150 - 200 days if the scenario goes as expected) As you can see, we don't care at all about the direction of the market. Taking rigid views with any asset is not a good idea because it doesn't allow you to adapt to changing conditions. That's the reason we work with "Scenarios." Based on this, the only situation we are interested in is the bullish one (Swing Setup); otherwise, we will stay on the sidelines. Thanks for reading! Feel free to show your view in the comments. by ThinkingAntsOkPublished 2211
SQ Beautiful BreakoutIf SQ can breakout through resistance at $260 then theres a chance it could run to the next resistance around $270 - $275. 07/23 SQ formed a hammer candle stick on the daily chart , which can often represent a bullish reversal signal. It didn't quite touch support at 223, and yesterday on 06/20 SQ blew right through resistance at $246, as well as the 50 EMA (green) - which ended up acting as support for a brief moment prior to the breakout.Longby ChaseMColvinPublished 3
SQ Running up for earning SQ idea break above $255 and climb up to earning date 8/5by Francisg1234Published 3
SQ - 2021-07-16 EODNYSE:SQ SQ - 2021-07-16 EOD ================== Daily chart ========== * The descending triangle pattern holds here too * In order for that to be broken; the upward channel would need to be followed; but will need confirmation * If it makes a downward move; there's several barrier's to break through; including the 50/100 MAs and the support at 223. In this case if it breaks through all these levels watch it for testing the resistance of the descending triangle * If it bounces off the green upward channel it may signal a continuation of the upward move * Since RSI is at 48; it can move up; but the price action shows more selling pressure; * MACD/ATR show decreased volatility; it's possible it may continue in the descending triangle ... cool down and the a possible breakout? * Notice that a double top is also formed at the resistance line of $250 Good time to buy? ================ * If it continues in the upward channel it could be a good time to buy but if it continues down in the descending triangle; this would be a bad time. Wait for the price to confirm either of the above * If it continues the upward move; the next major levels of resistance could be at $250 and $257 levels based on previous resistance levelsby BananaProtienShakePublished 0
SQUARE Testing KEY SUPPPORT!Simple trade idea here. If we hold the key support go long! If we break the key support short!by EmpowerTraderPublished 225