SQ SQ SQSQ in divergence. If crosses trend line it could go. Simple look, watch carefully.
148.58, 157.5 are it's resistances to break!
In 180C for for 2/18.
SQ3 trade ideas
$SQ in position for a nice rally$SQ is currently near completion of an ABC correction. It's also sitting in a demand zone for support. Will watch how the stock responds to this area. Will update as time progress.
New Position $SQ at 145.50 -- Target 201.15 for 38.25%New Position $SQ at 145.50 -- Target 201.15 for 38.25%
This here is the place to start, I believe. I’m in at 145.50 - If the market makes moves to the downside I will add at 115.25, 100 (17 June 100 puts), and 89.79 are all buy levels.
$SQ BLOCK weekly 0.618 bounce????? $SQ might have found its bottom need to confirm support in this area bears still in full control
looking for support at the 200ma which is also the .618 fib level if we lose 200ma next level of support is way down below $100 where the volume profile shows strong support in the $87 area
I expect $SQ (BLOCK) to start consolidating near the 200ma remember stocks like to SINK into support so could trade slightly below 200ma for a bit but not much lower IMO if sell momentum continues worse case is $87
Long on square vs m2Took a large position today, don't have money to add so hopefully it doesn't dip much more :P
$SQ Entry Target HIT$SQ Target HIT
So the original target (posted Oct 10th) was 154 and that was hit, so I will be looking for an entry here soon (probably tomorrow). Nicely positioned close to the 180EMA on the weekly. I could see it going a little bit under and that would be a great place to start.
If we see a nice juicy market selloff I’ll look to the June 17 100 put, but for now the 149-154 range looks like a good place to start a position again…
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
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Inside bar play - SQ SwingLong position. Price action above 242.05. TP1:245.02 TP2: 250.03 TP3 255.04 SL Below low of inside bar
Short position. Price action below 236.88. TP1: 233.71 TP2: 228.64 SL above high of inside bar
Has fallen out of linear regression channel on the daily chart. Overall bullish on daily, but has been trending down the past few days. Buyers and sellers are duking it out.
Stochastic oversold on the daily.
I think square has exhausted its time down there. Time to turn up. Could still go either way. Have a plan. Manage risk.
sq long invalidatedSQ didnt move as expected. am still watching this zone. however u can close the long position.
Hopeful lmfao I was aware the fintech sector has been selling off since the end of Oct. but it seems Sq and Paypal have finally bottomed out and now we may see room to grow
$SQ PERFECT BUY ZONE I am personally looking to buy a ton of shares in the IRA acc and also I am looking to buy some longs expiring 2023 this one will for sure be a banger. A big percentage of payment processors in the US are SQ payment processors meaning all businesses will continue to use Square payments
SQ Bottom formedSQ looks like it has formed its bottom level. 4hr showing a potential bounce again near 158 for a test of 168 this channel trade has yielded some good results should play out the same.
SQ . Block downtrend exhausted - ready to ripSQ fell out of its channel, now sitting near area of value.
PRICE TARGET: 265 or when RSI gets hot.
RSI bullish divergence - when RSI indicates oversold, followed by higher low that corresponds with a lower low in the price, good time for new long positon.
The histogram on the MACD starting to point up, Selling pressure may be done.
TSI starting to look up as well.
DO YOUR OWN DD
SQ HITS SUPPORT AND BOUNCESIt broke through resistance without enough momentum and will fall back on support and bounce. we could see a 3-6$ move throughout the day.
Finding Support near completion in $SQHere we have a flat correction finding support near the $155.59 price level. Waiting for a trigger before entry. Safe entry level at $195.28. Utilize Stop orders accordingly.
SQ - fib fractalHello,
I see a similar “lobbing over” fractal on a smaller time frame in our recent history.
In the previous example, we took a small bounce off of the .50 Fib level, before continuing on down to the .618.
In this current situation, we have also picked up some support on the .50 fib retracement level. I am interested to see if history will repeat itself with a move down to the 120’s?
For reference, I took the bars pattern from before, and stretched it out to fit the current. It fits the S&R vectors fairly well as well.
Good Luck, Godspeed, Love & Light!
Block to $240?- Two key support levels on chart have been hit suggesting a reversal is nearing
- We now see the MACD beginning to cross. Recent history tells us this is major and tends to lead towards some large upwards moves
- Low RSI on the rise as it gathers its momentum back.
Merry Christmas!
SQ displaying sign of reversalHaving drop 40% from the peak, I'm seeking a sign of reversal of SQ. Checking the 1H chart, the last 3 local minimums are only 5% different. 1H chart SMA20 already crossed SMA60, and tallying with oversold RSI from 15 Dec to 20 Dec. Price trend up since then.
Buy @ 167
Stop loss @ 158
Profit @ 192
Profit to loss ratio 2.9
Falling Wedge- Bullish - UpdateJust posting a quick update on SQ here as it has gotten beaten down badly amidst all of the intraday volatility. However, respected support nicely and is holding quite a large falling wedge. Bullish and will be watching closely for a breakout from this wedge as buyers start to step in (broader market conditions permitting)- Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on in the meantime- Previous charts are attached in the description below
- Bollinger Bands Squeezing on the hourly timeframe (See Attached Chart Below)
- Slight bullish hidden divergence on the RSI on the hourly timeframe (See Attached Chart Below)
- MACD Cross on the Hourly Timeframe (See Attached Chart Below)
- Falling wedge on the daily timeframe
- Sitting right above the VWAP
- Bullish Hidden Divergence on the RSI on the Daily Timeframe as well
PT1- $168.13
PT2- $171.21
PT3- $172.24
PT4- $175.51 +
--Hourly Timeframe--
--Previously Charted--
Bull Trap Coming Or Bottom?We have tagged one of our a/r lines the question is - have we bottomed?, I'm personally thinking that we bounce up to form a Bull Trap before plunging lower, these peak momentum swings usually get busted by a lower low with less momentum (that will be the actual bottom).
