SQ
$SQ TK cross over bullish cloud$SQ square has made a bullish TK cross over the cloud. Heikin Ashi continue to make strong highs. Trending toward short term PT of $300
TK CROSS OVER CLOUD
BULLISH GREEN CLOUD
TRAILING LINE OVER PRICE ACTION
$PT 300
Long | SQNYSE:SQ
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%.
Call options, strike price 270$, 26 Feb
hahahhah SQ calls with 10X gainzzz yaaa check my old posts hahhah i did say to buy..... my opinion but obviously i killed it :)
thank you god
sq option call for Feb/19th @225 strike price my take. not saying im right but here it is.
SQ has been down for a couple days.
cashapp seems to be thriving.
looks like it tested the retracement with Fib
SQ partner with snap?? IDK but that would be a big move
Holding Square $SQ with good gainsLooks like I was right about NYSE:SQ . It rebounded really well from the support area that I highlighted in my previous analysis, and today is making ATH while doing a strong breakout from it's resistence in $245. I could be a really good buy point depending on how it closes today.
As the day to report earnings approaches I believe the volatility will increase so be carefull when you buy or sell. I think I'll just wait after the 23th to see what happens. But as I've been following Ark's analysis on NYSE:SQ it should continue to go up so I'll be traking this stock very closly.
SQ wave 5 in play (updated)after a nice wave 4 retracement, square is looking strong for wave 5
not financial advice
Square Inc $SQ is looking good, againThis stock is amazing, is been going for breakout after breakout. I entered NYSE:SQ on November 4th and I thought that I entered very very late, look at it now. I have a very high expectative on this one not only because its price movement, also because is a favorite for Ark Invest. They are holding NYSE:SQ on AMEX:ARKF and AMEX:ARKK with 10% and 4% respectably, these are top performing ETFs.
Right now is on a zone with a lot of support: previous high, 50 day MA and upward trend line. But is always risky to buy on the bottom of a pattern, the best buy point is on breakouts. In my case; that I already have a position, with this new entry point I can have a very good Dollar Cost Average. That´s why I´ll be watching NYSE:SQ very closely this week.
Square is shifting gears! Low risk 65% gain in < 3 months.Square ( NYSE:SQ ) is a serious growth company and is certainly a long-term investment. I'm bullish on NYSE:SQ long term, but I believe especially today, the stock has presented us with an excellent buying opportunity. As usual, I don't talk fundamentals. I'm only looking at the chart from a technical analysis perspective. Sometimes, after a stock is running inside an ascending parallel channel, there comes a point when it seems to be dropping below the channel, but the reality is it's only changing gears to enter a an even faster ascending parallel channel. It's kind of like the small moment of deceleration a racer has to suffer in order to shift to a higher gear, a phenomenon that coming generations will never know thanks to Tesla's single-speed transmission taking over the world. Anyway, back to NYSE:SQ . Let's look at the chart.
I have two parallel channels. The current one, and the new one I expect price to be bound within in the near future. I also have a set of steeper-inclined parallel lines which delineate local bullish movements. I believe this inclination will keep supporting price much longer in the coming bullish moves. I also believe that it will be the slope of a parallel channel later this year, but I'll sit on that idea for now.
Based on that, I drew a price path prediction. My target is $355 in 76 days, by 7 April 2021. My stop loss is at $195. Picking the stop loss was rather hard and somewhat arbitrary. I picked it based on historic RSI levels, how long I expect a drop to last in case a drop occurs, and basic support and resistance levels.
Most importantly, the last close has hit the very bottom of the parallel channel. My estimation is that this is a golden buying opportunity. My only worry is that even though the parallel channel has held the price four times since September 2020, it has failed one time (30 Oct - 3 Nov) which I marked in the red circle. It wasn't a serious break though. However, we must be prepared for it to happen again. That's why I set the stop loss a little bit lower. However, I am confident it will hold the price, and even if it doesn't, it will make an even better buying opportunity. And even if it breaks lower, Square is a solid investment and is certainly a hold.
Conclusion :
If you're in it for a trade, then decide the size of your position depending on how much you are willing to lose. If you're willing to lose $100, and our stop loss is at -10%, then open a trade with $1000 and set your stop loss.
If you're in this for investment, this is a good opportunity to add to your long-term position. So, buy and hold.
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.
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 Play The MoveMarkets seems to have rotated to the safer haven stocks today, such as FAANGs and blue chips. SQ, a consistent producer for the year, could be in a much needed pullback or retracement as a result. RSI trend has snapped but is still in bull zone.
Key support levels to watch are the 220, 214 and 200. Must have confirmation first, though. Purple box for ideal reversal area.
