LONG SQ 20+% returnsAnalyst expectations weigh significantly on this company and momentum has climbed after previous analyst revisions
SQ3 trade ideas
SQ may give an opportunity to go longI believe for the next month or so, SQ has the ability to get to my TP at $274.95 . My entry however will be based on:
1. if price closes above the red trend line in the near future
I already have 3 waves down on price and the yellow static line in RSI was broken
If the final condition is met, I will likely place an entry, a month out, to see if SQ can hit my TP. If I am triggered in but the trade goes against me, my exit would be at $214.35
Happy trading!
SQ - Bounced from support levelSQ - Bounced from long support level
RSI above 30 - Bullish
ADX - above 20 ( always >25 is bullish)
MACD - will be turning to +ve
SQ looking to bounce hereAll signals looking bullish id like to grab a few cheap swings here and hold before thanksgiving, whats everyone thinking?
SQ long neutral short analysis sq below all the moving averages.
below 100 and 200 day EMA (exponential moving average)
Momentum looks to be bearish.
Bullish case, we can see a bounce from $225-$220.00
Volume profile is wide until $212.00.
Big funds looks to add at a discount.
Neutral case
However in the short term i will be looking to see if $225.00 breaks
with volume to catch a 10 point move to $210.00
Bearish case
$210.00 and $200.00 is the biggest support zone, if that is broken with volume
we can see a change in trend until than this stock can tade in a range.
However below $210.00 we can see a drop down to $160.00 -$150.00
$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 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!
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Go Gary G!
Thanks for #digidollar #CBDC JPow & company. lol
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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
