1SQ trade ideas
SQ Rising WedgeMacd is bearish, OBV is bearish , And Showing a rising wedge pattern. Held support (yellow line) at 225 and thats the only good news for this stock.
Description
White lines- Daily channel
Yellow lines - Secondary trend
Redlines - Short Targets
Green line - Channel top, short term target ( Can rise with bitcoin)
Square vs Paypal I own both Square $SQ and Paypal $PYPL. I've identified some demand levels where I would buy more Square than Paypal. The yellow shaded area are Square demand zones. The top line of these levels is my entry point to buy more Square than Paypal.
SQ: Added this once again right before close.Bitcoin is headed for brand new all time high. This can happen while mkt will be closed this coming Monday (MLK). Nonetheless, Blockchain technology is getting some attention and just few banks are applying this. SQ and PYPL are smart enough to adapt to this new secure way of transactions.
Have fun.
sq ideait seems that sq can not move uper than than resistance line
you can also see that in there few days price range on the trend line and finally it went down the price line.
we will see in next few days that price go down and pull back to that resistance and go down to support line and range there until some thing special happen. othetwise we can expect that price stays there or probably fall again to down resistance line.
Blue lines are daily (support and resistance lines)
Black lines are weekly (support and resistance lines)
Note to everyone: this is not a signal to buy or sell
I just share my idea
So do your best by make best decision
I hope you have profit trade
SQ short-term play for week of 1/11Workshopping an idea for SQ next week. Volume seems consistent for the latter half of this time frame, TSV is over the 50% line, RSI is on the high side, but still in the comfort zone. The three moving averages came pretty close together, could be signaling a bigger move on a longer scale. ATR is headed down, which may be showing that short term major price fluctuations are settling down, which to me says it will be a steady ride upward.
Idea may be updated during the trading day ahead.
Square breakout to $300!Square is looking like it is about to break out of the funnel to $300! MACD with a sharp incline.
SQ Square Inc $234 Potential Entry Level.
Please take note of the rising trendline (red) , thats the next roadblock.
A move above should bring us back to $243 before hitting Mid Channel.
best trend channel in the market! congrats SQ. curling rsi and a break 230 will send SQ flying to 250 next week, will be adding small size on calls soon. long 230 stop loss 215 and target 255, then switch to puts! goodluck :)
SQ, Higher HighStock bounce from its support yesterday and today showing some momentum. It's making higher-high, MACD &RSI both showing the bullish signs from a technical perspective.
Please consider senate election news catalgy as an impact on the over the market.
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational purposes only. All advice is based on technical and my own opinion.
SQ , Bitcoin Sympathy playSq found support at 214 Dec 31th. wish is where I would place my stop loss. Next target is 228 which is the top of the weekly channel (yellow line)
Bullish on SQ. Weekly pull back at stock RSIStoch RSI crossing 50 range and seeing some pull back on weekly but overall still bullish. Stim checks being deposited today and through Jan 21st. $2k stim still on the table. Aim to buy at $203.
