Get started
BLOCKBLOCKBLOCK

BLOCK

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

1SQ trade ideas

Self explanatory double bottom bullish formation into earnings.Looks as if a very strong formation of a double bottom is forming on the hourly, daily, and even weekly chart all in the same area which confirms a whole lot more strength and probability that it will play out when it's seen on multiple chart time frames. Their is a target price within the next couple of weeks or so shown above. And this is all happening right into a high estimate earnings projection. So let's all hope SQ has a good run this time. Might want to scoop up some shares while it's cheap or sit on some call options with expirations either on or after earnings day for Square/Block.
NYSE:SQLong
by Sawyer170
SQ: Watch out for these KEY POINTS!• SQ is doing an important reaction that could sustain a bullish thesis, however, there are some key points we must pay attention; • First, it must break the red line at $64.26, as this would trigger a bullish pivot point in the daily chart and frustrate the Double Top chart pattern in the 1h chart; • In this scenario, SQ could seek the $69 again; • However, if it triggers this Double Top, the next support is at $60.48 again. This is a support from a previous gap, as seen in the daily chart (Nov 10); • Only if SQ loses the $60.48 it would trigger a mid-term bear trend, and the next supports are $57.09 and $55.10 (another gap); • Either way, SQ is looking good. Remember to follow me to keep in touch with my analyses!
NYSE:SQ
by Nathan_The_Finance_Hydra
1