2X $SQ to DROP another -40%!????Square has been killed we will stay with the trend due to market trend and conditions! if price fails to break above $60 or fail to break this current area, we will be heavy in shorts/puts down to the next level which is the $30 area!Shortby twotimezinvestments0
Keep a close eye on the RSI (Oversold) 1 Day Chart is signaling an Oversold SQ (Block) right now. It very well may cross below 30 first, if it does I will wait until confirmation of crossing up 30 to then get in at that time. Although if it decides to have a nice bounce off of 30 with overal positive market sentiment at the same time, since almost all other RSI levels are at this Oversold area as well, then I would be getting in right then and their. I belive SQ has a strong future ahead of itself and that it is over dramatically sold off due to this bear market. Even if you do not belive in its future as a stock you have to agree that naturally it will be coming up off of these lows and that is a profitable trade to be made. So just wanted to that out! Have a good day everyone... Longby Sawyer1700
SQ - Targets 45 then 35I think SQ goes to 45 at least. I loaded some december expiry puts today. Will be averaging over the next week. Planning to hold 75% of my position till 45 at least. Will let some runners till 35.Shortby MrFleck1
Falling Wedge- Bullish (Long) - UpdatePosting a quick update here on SQ as buyer volume finally picked up and SQ closed the day breaking above strong resistance at the $68.84 mark while also reclaiming its 20-Day EMA. SQ has been trading sideways for quite some time and is seemingly breaking out of this falling wedge heading into earnings on 9/22' and with quadruple witching this coming Friday. Additionally, SQ closed out the weak with a golden cross on the MACD. On top of that, SQ's RSI is finally out of oversold territory on the weekly timeframe, accompanied by a massive bullish harmonic pattern and its Bollinger bands squeezing. Personally am bullish and am looking for a breakout, however, will add some downside protection due to how long SQ's been trading sideways. Nevertheless, bullish and will be watching closely for a breakout from this wedge as buyers continue to step in (broader market conditions permitting- earnings & quadruple witching)- Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on in the meantime. **See Below for Price Targets, Weekly Timeframe, and Previous Charts** --Weekly Timeframe-- - Falling Wedge - Bullish Harmonic Formed on the Daily & Weekly Timeframes - Bollinger Bands Squeezing - Closed Friday Breaking Above Strong Resistance - RSI Finally Out of Oversold Territory PT1- $78.82 PT2- $81.03 PT3- $86.76 PT4- $90.71+Longby jacobosiason7228
SQ bottom end of year?This has been beaten down long enough. I'm assuming there is some tax loss harvesting going on end of year. There are waves and harmonics going on here, looks like a good support level. Trying to pick up these shares for 160. Let's see if I get filled.Longby ChartMeNotUpdated 4
Block, Inc.Too high numbers like P/E, P/B, quite low EPS... But we know the market doesn't look that way. Definitely in this industry. The price seems to me in a decent discount, if I had anything, I would start to accumulate :)..Longby liborbtcUpdated 1
sq levelsAll colors are different time frames. Dark red weekly, orange daily, yellow four hour, green two hour, baby blue hourly, blue 30 minute, pink 15 minute. Trend line is drawn based off of rejection of trend based on the hourly as well as a green basing period following an engulfing red candle.by timkak19961
$SQ potential head & shoulder patterAsymmetrical H&S pattern on $SQ. Breakdown of the neckline confirmed Potential targets of selloff around $66-$61-$56. Head and shoulder patterns have some of the highest success rates. I will wait for a pullback towards the neckline and potentially short there.Shortby Liathetrader223
$SQ OutlookHonestly, doesn't look great. Probably won't get above $100 in the near term unless unexpected news hits the wire. Looks probable that it'll chop for monthsby KuomingtangCapital1
SQ AnalysisPrice has recently took liquidity at 90.99 and is unable to close higher. Price was on an uptrend and broke the market structure to the downside yesterday. We have sell-side liquidity built below and I'm expecting price to at least retrace back to the bullish POI at 76.44 from here.Shortby Keeleytwj225
$SQ -68% DISCOUNT (52-WK) -77% (ATH)!Square/Block is Great stock if you are thinking about adding a software, crypto and financial services stock to your watchlist/portfolio. It is currently showing a possible sign of reversal, but I think it has a way to go down! The original Heavy buying positions from IPO '15 to ATH in '21 is the $71 area! The next set of buyers are @$32.25 area! Which is good entry to swing to the $290 ATH, but the $32 entry area is a SNIPER! anything in between those two are good entries for long-term.Longby twotimezinvestments225
Bullish long termI entered here at 73.46.. Im going to be holding long.. I believe that this will endure a small pull back to 80 but otherwise in for the long haul.. next stop I'm foreseeing 100.Longby jason_navUpdated 4
$SQ potential reversalSQ ran like a mad man yesterday. I can see some exhaustion/ reversal volume on the chart and there's a battlefield of supply around 80s-90s (see square). There's also 100SMA standing in the way. I can see SQ retest in mid 70s. Unless they murder earnings this afternoon. Longby Liathetrader4
Block USASun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutionsby Sunstorminvest1
Block: Nothing Block-ing further gains?Block - Short Term - We look to Buy at 71.84 (stop at 61.55) Price action has formed a bullish ending wedge formation. A move through bespoke resistance at 71.84 and we look for extended gains. The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. Preferred trade is to buy on dips. Expect trading to remain mixed and volatile. Our profit targets will be 113.47 and 149.00 Resistance: 80.25 / 90.99 / 113.48 Support: 71.84 / 60.82 / 56.01 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Longby Saxo7
Buy Above 67 or Sell Below Buy Above 67 TGT 1: 70 TGT 2: 73 SL: $ 63 Sell Below $ 60.50 TGT 1: 56 SL:63by RNB98Updated 2
$SQ #BLOCK #SQUARE @BlockIR @Square going up?Is that a break out? Lets see in the coming days. Follow me for trading ideas!by alfredopalconitjr2
SQ two way trade Double inside week on SQ. Break of 60.88 to the downside or break of 66.88 to the upside. JUL 22 69C or 59P could workby savage_Trader1
Daily wolfe wave for SQThere is a daily wolfe wave setup that triggered on Jun 21 closing day at 60.52. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 94.85 which is expected to reach this price target before July 6. Projected targets are defined by identifying the apex of the wolfe wave and projecting a vertical line toward the green perforated projection tgt which is extending from left to right. However, in this particular setup the underlying price of SQ under performs since the price did not achieve the forecasted target defined by the wolfe wave apex. The setup is valid until the stop loss is triggered. Two days after the apex, a daily ttm squeeze formed which is another bullish setup opportunity into Monday and Tuesday.Longby TOSOPTION1
SQ Completed 80% Retrace from ATHBlock, formally Square, has came back to earth after its recent orbit to the moon. After a parabolic uptrend, key levels to watch for are an 80% retrace. Which happens to line up near the fib line. I'd expect an accumulation phase to take a while. SQ is a good stock to own during times of high inflation. Thanks for reading!Longby Malongs112
t00 eZBest opp. to double your money on underlying. Confirmed breakout and retest of old resistance for support. Initial target 77, next target 90. Above 90 and it can get interesting. Discount under 66.Longby JerryManders117
SQ double bottom breakinverse chart looking for double bottom to break 64.30, potential entries anticipating this break or to continue the break.Shortby spongebobscousin1