$SQ - not liking price actionThis one has been sitting out of the rally, that isnt good.
Notes on chart - but it appears that it is likely this is still looking for the primary 2 bottom. I will be a buyer again around 205.
Beneath 191 and top was in - hello bear market
SQ trade ideas
SQ Diamond TopSQ diamond top. Broadening price action formation into a contracting one after a significant upside run. While I do like Square long, price action in the short term is determined by the psychology of buyers and sellers. Trying to make sense of price action moves in the short term using fundamental analysis will make absolutely 0 sense. You can't argue with that. Diamond tops are one of the highest conviction reversal patterns. That bearish RSI divergence doesn't help. A death cross of the 50/200 MA is a possibility after worse than expected Q3 earnings despite significant YoY growth across all metrics. I'm looking at two different anchored VWAPs, one at the start of the long term impulse wave, and one a year out after strength started to taper off. I wouldn't mind getting a discount.
Square Analysis 10.11.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button.
Thank you for watching and I will see you tomorrow!
Quick review on SQThe red circle was the formation to be cautious for a reversal. anyone going long might have gotten trapped because they did not seek confirmation. Red line, which also aligns with the 50 SMA was the level to hold. the Red arrow pointing showed the confirmation of SQ breaking down. when will SQ stop dropping ? who knows but if my levels are accurate, we may see some accumulation starting around 208-215.
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.
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-
