SQ Block continuation patternPrice action and volume tells me that there is no demand at this level so price should drop lower down to just above $30 where it may bounce again. With this conflict going on in the middle east, prices may just blow through this support area down to $20.Shortby EliteTrader101Published 2
SQHI my followers all things are explained on the chart just watch that and booooooooooost my analysis.... Goooooooood LuuuuuuuuuckLongby Logical_MarketsPublished 1
SQ goin up. As you can see here, we are coming up on a demand zone area from back in March 2020. We are touching the bottom line of the Bollinger bands and the bands are opening up meaning there could be volatility for a big move. We are also oversold on the RSI as well. I would wait for a big move off of the band with high volume and target the upper Bollinger band. The analyst on TradingView and most of the recent ideas on here suggest we are going to make a reversal soon.Longby OptionsMasteryPublished 4
SQ double bottom bounce incoming?🌓I Won't be surprised if we dip a bit more to 33-38 level then start to see some double bottom bounce from support we found back in the covid crash... Did get stopped out on my long a while back, but still on my watchlist for now.. boost and follow for more.. thanks 💚Longby Vibranium_CapitalPublished 161618
$SQ - Could be nearing a reversalNYSE:SQ underwent consolidation in the same area from 2018 to 2020. It experienced a sharp decline after breaking out of the consolidation range before skyrocketing. It took a total of 81 weeks from the beginning of consolidation to the final plunge below the consolidation range. It then took just 3 weeks to climb back into the range, which is above $55. Fast forward to the present, we find ourselves consolidating in the same range, and on week 73, we saw a plunge below the consolidation range. If history were to repeat itself, we could speculate that Square is nearing a reversal and it may start as soon as next week. What are your thoughts?Longby PaperBozzPublished 117
$SQ possible double bottomNot Financial Advise. Currently NYSE:SQ on downtrend channel, and possible double bottom coming ahead at around $33by alex666666Published 1
$SQ Block, unfilled gap SQ and tech getting beaten down facing headwinds of rates and slower consumer demand. No immediate action but will watch for reaction at 42 area gap fill of a gap left from the 2020 turn around.Longby SoVeryLostPublished 1
SQ has hit a new lowSQ has hit a new low This figure shows the weekly candle chart of Block Company's stocks in the past three years. The graph overlays the top to bottom golden section for 2021. As shown in the figure, the stock of Block Company fluctuated and organized in a rectangular range that remained relatively low from May 2022 to the previous week. This week, it has hit a new low in recent times, reaching below the top to bottom golden section of 3.618 in the figure! The stock of Block Company is about to challenge the bullish starting point at the bottom of early 2020, which is the opening price of $38.47 for the week of March 23, 2020!by Think_MorePublished 2
SQ Massive Breakdown ComingSQ has been in a range for about a year and has finally gapped down below all support on volume. The CEO stepped down so that's a bad sign for the company. The last two weeks of Sept and the first two weeks of October are sometimes down months so the odds are good that it will drop pretty fast over the next four weeks. Fibonacci extensions show $10 as the low which is in line with a measured move out of a range. Volume Spread Analysis confirms this move on the weekly chart: Huge volume spike engulfing pattern and also a liquidity clearout of the high of the engulfing bar and a final No Demand UP bar near the bottom of support before dropping I was surprised that put options are priced pretty cheap especially if prices drop like a rock. Fortunes can be make in situations like this in a short period of time.Shortby EliteTrader101Published 443
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 $45. Block is a payment company, owns cash app. Its tied to bitcoin price. It will reverse when BTC reverses. When Bitcoin up/down, Block up/down too. Longby GreatMindsPublished 117
SQ create M shape#SQ filled gap up at 53.2, IF #SQ hold above 53.7$, 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 pninh0911Published 0
$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 PaperBozzPublished 0
$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 PaperBozzPublished 332
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 PortfolioBuildersClubPublished 2
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 CasvanickPublished 4
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 NavitilityPublished 4
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_bearPublished 112
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-DaoPublished 227
$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 PaperBozzPublished 332
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 aaronkaltmanPublished 0
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 AwesomeAvaniPublished 4