SQ updateOne of my favourite companies to date, I love both the chart and the fundamentals. Square has so much more leg room to grow especially with their cash app. 1d chart: So, the chart is looking really juicy and resilient to all that market volatility the last 6 weeks. I know SQ bounces up and down 5-10% (sometimes) however, on the daily & weekly chart we can see a really nice uptrend over the last year. Momentum is really good as we approach new highs, and the short interest is reducing while the buying strength is increasing -- all very bullish signs. Not to mention rising volume over the last 3 days. Looking at the green arrows I noticed some repetition with a breakout from a (slightly) descending triangle, leading to an all time high. EOY price target: $222 Longby RaftoOPublished 2
SQ Trading Near Top of ChannelSquare might be due for a pullback to ~$170 (0.236 Fibbonacci level & channel support line). - An extended bearish RSI divergence forming on day chart. - Trading near top line of resistance and above upper Bollinger band (2 standard deviations from 20 moving average).Shortby otis_bagshotsPublished 3
SQ path to new all time highsSquare had a nice run last week and was few cents away from the all time highs after earning pop. Expect price to break through the overhead resistance and keep pushing for new all time highs for days or possibly weeks Longby BhimireddyUpdated 222
$300 by the end of the year.Charts look good. $300 by the end of the year is very likely to happen.Longby PenguinOffisialPublished 5
SQ outlook; help plsHi, am a new trader and new to chart patterns etc. anyone want to let me know what they think about this simple analysis of square? price as of last close testing resistance at 195, if it breaks through as it may appear is happening, it could find resistance at around 210 which may see a reversal and test support at 195. if it breaks below support at 195, i can see it hitting 175-180 which is a buy point; this is ofcourse unless it breaks through 210 at the top of the long term trend line which could send it flying bitcoin can definitely be supporting the recent surge of this stockLongby busanta29Published 2
SQ showing strength. Showing relative strength. Will see how it continues to hold up if the market continues to pull back. Hopefully price continues to get tight.by SwanFrenchPublished 1
SQ Round UpSQ is forming a rounding formation and above its moving averages. Looking for this to continue its rounding trend back to the top of the range at 200. The nearest 13ema (exponential moving average) will act as supportLongby BBTrader29Published 4
SQ at channel support go longmultiple levels to play for, SQ go long Longby UrBullishGracePublished 1
sq put nov 12 shortid check if this trend hold which has for the past months since it started Shortby ibarinaviPublished 3
SQ updateAnd finally, SQ on the 4hr and 1hr charts, 4hr first: SQ entering another bullish channel, rose way too fast too soon, so I'm expecting it to climb past $200 by the end of the month. Today was a good time to add to a position when to broke bellow the white dotted line, I sadly was out and away from my computer so I missed it. 1hr next: On the 1hr we see SQ finding support at an old ATH, this is (maybe) good news. Same as other tech I'm expecting volatility throughout the week then a move up. Here's a hint: look at the volumeLongby RaftoOPublished 3
$SQ placed in Drift A after earning results$SQ is projected to have a bullish outlook after being placed in Drift A of the PEAD projection after positive under reaction following its earnings. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us. Longby EPSMomentumPublished 6
SQ on watchLong above box. Good reaction from earning closing at weekly high. Look for tight price action in side the box close to highs. Can enter on break of box or from bottom of box in a controlled low volume pull back. Targets = dotted lines. Risk = close below box. Longby WadeYendallUpdated 6
It seems that SQ is primarily a Bollinger Bands play.It seems that SQ is primarily a BB play, at least on a daily chart. MA and MACD don't seem to help much.by m12390Published 0
this ones free money, im taking my next alert lmaoSQ congrats to those who took my last circle buy alert on the tradingview chart. insane how it worked exactly as planned. we can target 220 before a pullback here imo. leave a like if you found this helpful <3 Longby Vibranium_CapitalPublished 2223
ABC BullishBreakaway Gap below price Possible stop below 151 Targets 2 are often longer term. I focus on targets one as a rule until a pull back has taken place SQ took off like a rocket after earnings. NV and OBV are high SQ is often volatile so patience may be advised if you have this stock or want to buy this stock Amazingly, there are no rising wedges in the yearly chart Trade safely Just an observationLongby lauraleaPublished 222
Hip To Be Square! Targets revisit $75 rangeStrong Product, above average moat. Dorsey enterprise has good synergy. Bitcoin/ crypto tech leaders, obvious value add to clients chart setup is good, price moving in an uptrend through the cloud. will zoom higher on exit November 21 areaLongby noam_chomUpdated 8
Square(SQ) Exceeds Earnings Expectations After a decent decline towards the end of October, Square had been on the downtrend until a trading range channel evolved during the last days of October and first week of November. We see a slight Double bottom with a breakout up( purple squares). This led to a slight throwback but confirmed the breakout around market close on November 3rd. there are multiple gaps that confirm the breakout and the uptrend. The first ellipse is seen, which is the breakaway gap occurring at the beginning of the trend. Following throughout the day as earnings were to be announced post-market, there was a runaway gap(second ellipse) which strengthened the trend when approaching close and earnings news. Post market is settled at around 4.66% in the green for SQ at a price of $183.40 USD. Once earnings were announced, Square exceeded estimates and grew their cash app gross profit increased 212% YoY, as well as gross profit of $794 million which is 59% increase YoY. After a net loss of $11 million last quarter, this quarter was more profitable with a positive net income of $37 million. Outside US market users grew by 46% year over year. With the big increase in Cash App Gross Profit we can see that it is becoming Square's cash cow when dealing with income earned from their operations. My investment strategy pertaining to SQ is a long play, as payment processing solutions are expected to grow 62% from 2020 to 2025. This increase can be caused by more eCommerce business as well as more cashless banking, whether it be deposits, loans, both personal and for small businesses! Let me know your thoughts! I'll be happy to hear your opinions on my analysis.Longby aidanstrasser98Published 3