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SQ

Is SQ finally bullish?Wondering what everyone thinks. Chart looks pretty good, finally broke resistance (green trend line) Currently facing resistance at the 0.382 fib extension line (roughly $72.88) - Historically, seems like SQ is a big fan of this fib level (Take a look at how price reacts every time it touches 0.382 fib extension + 38.2 retracement - Seems like a last kiss set up as well, where price may consolidate within the red rectangular box, hence why $78 should be strong resistance If you have any comments or questions, feel free to ask! Thanks, will continue to update on SQ. -Rocky
NYSE:SQ
by Rockys
Late to the party to post, but SQ swing trade worked very wellEver since SQ broke its downtrend from the all-time high at the beginning of 2019, our team at PLT has been watching for great intra-day and swing trade setups. SQ is one of our favorite companies to always remain bullish on due to the products and services they offer in the Fin-tech industry. This trade was planned on January 18, 2019 over the weekend to enter February $65 call options on the retest of the close of January 17, 2019. You can see SQ's price broke above the daily 200 day sma, which is typically very strong support. Our stop was placed below all the bullish candles and the 1/3 back fib just under $63.50. Result was a nice 56.7% gain on the calls almost the next day after hitting target 1. Target 2 was also hit which was the 1.618% extension from the most recent move. The calls return went well above 100% at that point since they were deep in the money. SQ most likely goes higher, but may reset and retest a bit before earnings. Look out for more day and swing trade ideas in the very near future now that we are all settled in to our Trading View account :-). Cheers!
NYSE:SQLong
by PriceLevelTrading
SQ ready for a pullback.SQ was one of my favourite stocks to trade from 2018, and in 2019 it is continuing with the same volatility . I do believe SQ will be getting a pullback over the next 48 hours and I have been scaling into a short position with my first short order already filled. My first target is $70, RSI is also sitting in 4hr overbought territory and the daily 66, which alone does not mean it will pull back straight away, but adds confidence to my scaling short position which may end as subwave 4 of the 5th of the start of an ABC correction. SQ is a stock that I love to day trade and scalp, but this trade is more of a swing position.
NYSE:SQShort
by PatekCharts1
1
SQ Enters Chop Zone. Week of 1/21/19 Key to Near Term Targets.Log chart broken down on a weekly scale then zoomed into daily for near-term analysis. As you can see, both RSI and price have entered, or will soon enter a chop zone that will determine whether it tests the upper DTL (85), or breaks down to re-test the lower DTL (64). Resistance near 73 will be the key indicator. If price action blows through this line, we can expect to extend into the upper area of the chop zone. Otherwise, supply in the lower area should prove difficult to overcome until e/r. Obviously, breaking 64 is the worst possible outcome for bulls.
NYSE:SQ
by axelroark
Square is this time trying to bounce at 100 DMA... Again?Maybe, we have a gap to cover which is pretty close to it, and a 200 DMA which is pretty far. Where is it going then? My PV for this asset is basically around $53, but that area seems to be quite low for it. So the target would be acceptable around 200 DMA. Learn how to beat the market as Professional Trader with an ex-insider! Be part of an elite trading group. Have a Nice Trading Week! Cream Live Trading, Best Regards!
NYSE:SQ
by wildcreamlife