SQD trade ideas
Square Ideagreen lines are the trend i expect the stock to follow. white dotted lines are weak support or resistance levels i expect to break or possibly hold me up depending on the the market trend. red lines are levels i take serious to exit or enter a trade.
SQ easy LONG day trading idea $SQ
-Easy gap fill play
-watching the 9-day ema break
-two best ideas to support bullish movement for next week
-we are also trading above the IC cloud so we have clear skies for next week
SQ forming a nice ABCD pattern on the dailyLooking at SQ it appears to be forming a nice ABCD pattern on the daily chart. Watching for a break of $252 up to descending resistance.
Square Inc MA200 and MA 50 death cross coming up. Square Inc MA200 and MA 50 death cross coming up.
Price may go down below 200MA. Downtrend for a while.
SQ might be forming a descending triangleLooks like SQ is forming a descending triangle. Volume decreasing as well.
SQ Long to AugustAfter a lengthy consolidation, SQ appears possibly ready to breakout with the timing cycle turning up again. Volatility and money flow have flipped positive as well. Fib targets above for the campaign move.
Ten year yield could work against growth names if it spikes unexpectedly again.
SQ IdeaTheta Thursday #Ideas 🎲
$SQ 250C > 245.66 | 240P < 242.62
🔵=Entry ⚪=TP1
Keep it Small, Use Stops, and Don't Chase
See Profit Take Profit
Best of Luck! 🍀
$SQ Quick view Daily tf Cypher w daily ib at trigger Detailed view on $SQ, appreciate any thoughts, comments, likes 🙏 Thanks for looking
Deep on my favorite patterns hour 22 straight
DEEP DIVE =MIND CLARITY = DEVELOP YOUR PROCESS
[Trade Review]How I traded $SQ, $HD HUGE FUMBLE, $TLRY, $MSFT, $In this video I will reviewing trades I took on June 29, 2021 which were $SQ, $HD, $TLRY, $MSFT, $baba Along with an explanation of my plan as well showed you guys my TA for some possible set ups! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emma's, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always!
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SQ BUY OR LONG , TARGET $300SQ will confirm the " Double Bottom " pattern sometimes rising to $247.5, I would buy
there with target $300, stop loss: 7%. #DoubleBottom.
$SQ shorting idea SQ gapped up in the 1 hour time frame. Might go back down and fill in the gap. shorting idea
SQ to head towards overhead supply06/27/2021
SQ
Supply Zone 1: $256.59-259.95
Supply Zone 2: $271.98-278.19
SQ Ascending Wedge Pattern - 2 hrSQ has had a nice run up during the month of June, but showing some heavy volume that needs breaking before continuation.
We are red pre-market after a couple gap ups on 2 hr chart. This is expected, as SQ seems to need a healthy pullback to continue pushing towards 255 then 270, my two targets.
Expect a downward movement from SQ and look for entry after we have fallen out of the wedge and started getting higher highs again with some volume.
SQ: New PT means new price levels!New buy rating of 275. Surpassed all targets. New key levels in orange :)
Square: Next Long & Short OpportunityHi traders!
Square has completed a 5-ways impulse move up, and we have shorted it at the end of wave 5 to capture a potential breakdown in case the Nasdaq falls.
If that does not happen, we will take profit and invert the position into a long. The green box is our long entry (LE) where price may reverse with high probability, however the other fib levels are also possible. A move above the green "Bullish confirmation" line will confirm our bias and we can start adding to our position.
Levels
We find the strongest volume support at the .382 fib.
Averages
The 200 MA also heads towards the $220 area, a MA that has been respected well before.
Waves
Look for a completion of the ABC correction with a wave C that consists of 5 smaller subwaves.
Invalidation
If price keeps dropping without any sign of reversal, we let our short run and take profit towards the double bottom, or speculate on a total breakdown below the red line for the most bearish scenario.
Happy trading!
Where is SQ going?Square started as payment gateway to accept credit cards for seller, now also provide reporting and analytics for seller. It also helped with payment hardware.
Since Dec 2020, its price has been moving in a range between $202 and $250. The price reached 52 weeks and all time high at $283.19 on 16 Feb 2021. It would be interesting to monitor the price level around $250-$252. The nearest support would be $220 or $190, depending on risk appetite.
Possible targetsI do not have a position in this stock but I feel like this could return back to $191 or even to $164
SQ inv. H&S confirmDaily inverse head and shoulder confirm. looking for entry on the back test of 227 zone et price target 240 zone.
