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SQ

An Intricate BlockA lot of bullishness unfolding here so I will start with the targets and break it down how I got them and why I am so bullish on SQ. *Initial Target = 138 ; time to target TBD, what I'm looking for is 3 consequtive green candles at the 2 hour level (estimating time to target occurring before the end of April) **Intermediate Target = 157 by 5/4/2022 - I will explain below Goal Target is above 166 , but will return to this after the first 2 pts are hit (I can say time to target is after May 4th) Explaination: - my analysis displayed begins after the gap on last earnings, notice the 5-count down to fill gap that immediately led into a harmonic resulting in a leading diagonal with wave 1 at 100% retracement of AD... the 5th wave made it to 2.618 - the corrective wave off (5) was a wolfe wave which led into a Butterfly which is yet to materialize... however, the green circle starting April 12th is a Butterfly Fractal - you'll see this if you look at the chart at 5 or 15 minute intervals... I am expecting the next leg up to begin any day now coming off this setup * Initial target is a 0.618 AD from the "primary" butterfly and a 1.618 from the "secondary" butterfly fractal. In between the current price and the initial pt (138) there is a gap to fill around 134 - this will be a 1.272 AD off the secondary/fractal butterfly (again, not shown but you can find it at the lower intervals). A gap and continue to initial target will set up to continue to intermediate target. ** Intermediate target of 157 is 1.272 AD of primary butterfly (shown). Using the blue trendline from the 1-4 wolfe wave resistance I obtained time to target as the intersection of the 1.272 AD and the 1-4 Wolfe line.. this falls on May 4th but could occur sooner in the right conditions. I'll revisit this soon but I'm seeing very bullish signals in SQ. Side Note: the yellow trendlines are just longer term trendlines from a while back, left them on there in case they can explain any hold ups or critical levels in price action, probably not important. Not Financial Advice.
NYSE:SQLong
by JerryManders
$AAPL to the up side?$AAPL surged up today with the help of $TWTR after the news about elon bought almost 10% stake of TWTR. boosting most of the tech stock this morning. there's no exciting news yet about apple or new products. Now in technical perspective. AAPL just exited the squeeze and setting up for some momentum play with plenty of strong buy volume. here's the price target I'm looking for bullish and bearish play. Some of the honorable mentions to watch for tomorrow: RBLX, AAPL, MSFT, QCOM, SQ AAPL: Day trade or scalp target play: 04/05 /22 Buy call above 179.81 sell at 181.17 or above. Buy puts below 177.45 sell at 175.81 or below. option open interest: ideal expiration date: 4/14/22 , 5/20/22 or 6/17/22 Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
NASDAQ:AAPLLong
by CHRIS_B58
SQ: Trend Analysis and Key Points to watch!Hello traders and investors! Let’s see how SQ is doing today! Despite the drop in the past two days, SQ just reversed its bear trend and now it is in a bull trend. We see higher highs/lows, it is trading above the 21 ema, and the volume is increasing, just after it hit the support at $ 87 (keep this price in mind). It is the first time we see SQ doing these movements since mid-2021. It broke the previous resistance at $ 130, and this price level is supposed to work as a support for us next. In addition to the $ 130, we have the ascending 21 ema, which is another technical support. SQ could drop to these supports, and this wouldn’t invalidate the bullish bias seen in the daily chart. In order to reverse and become bearish again, we must see a clear reversal structure, and so far, there’s none. In my view, it is normal to see SQ struggling right now, because we just hit a key point in the weekly chart: As usual, the 21 ema is working as a resistance here, and SQ is having a hard time breaking it. However, we have some good news. Remember the $ 87? This price level is one of the most important for SQ, if not the most. It worked as a nice support level in February, because exactly 2 years ago (Feb 2020) this was the pre-Covid top. SQ lost 2 years of growth, along with the "tech enthusiasm" during the pandemic. However, I like how the market reacted at this price, and the volume tells us everything, as it had one of the highest spikes ever seen. To me, SQ looks interesting, and the bullish bias is intact, as we don’t see bearish structures. Either way, we must pay attention to the support/resistances mentioned in this analysis. I’ll keep you guys updated on this, so remember to follow me to keep in touch with my analyses!
NYSE:SQ
by Nathan_The_Finance_Hydra
1
Square | SQ | Short to SupportSquare ( NYSE:SQ ) may not be done its decline in the coming weeks. It currently sits in a falling wedge formation. After an earnings beat on February 24th, retail jumped back in, but the gap-up was quickly filled 8 days later. It continues to show signs of weakness. Last dip to $82.72 may not be the near-term bottom. If Square continues its decline, true support may be in the $70s (or much lower). A continued break through the falling wedge's resistance and above the 50 EMA (yellow line) will nullify this thesis.
NYSE:SQShort
by NicksAnalysis
Block Breaking Higher? Block - Short Term - We look to Buy at 128.09 (stop at 115.10) Preferred trade is to buy on dips. 50 1day EMA is at 124.21. Previous resistance at 130.00 now becomes support. 5 positive daily performances in succession. There is scope for mild selling at the open but losses should be limited. Our profit targets will be 168.31 and 185.19 Resistance: 150.00 / 170.00 / 200.00 Support: 130.00 / 100.00 / 83.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:SQLong
by Saxo
SQ: Could this be the beginning of a reversal?Hello traders and investors! Let’s see how SQ is doing today! First, in the 1h chart, we see early signs of a bullish reversal going on. After earnings, it did a strong breakaway Gap, and it seems nothing can hold SQ anymore. However, pullbacks are expected, and the 21 ema is our first support level, which is holding SQ nicely so far. What if we lose the 21 ema? Then the retracements are going to work as supports. The 38.2% ($ 113) is the most interesting to me, and I’ll explain why in a few moments. Since SQ has too many support levels, it won’t be easy for the sellers, and we would need to see a clear bearish structure in order for it to hit the $ 80s again. So far, SQ seems fine. In the daily chart, for the first time since November 2021 it is trading above the 21 ema, a very good sign, but we don’t see a clear bullish structure here. It would be great to see higher highs/lows, therefore, a pullback might create the opportunity for SQ to build a true reversal structure in the daily chart. To me, the moment for a correction is ideal: We just hit the previous resistance at $ 130 area (red line), and since we are above the 21 ema in the daily chart, this indicator is now a support level for us. Coincidence or not, the 21 ema is at $ 113, the same price level of the 38.2% retracement in the 1h chart. This tells me the $ 113 is an interesting key point to watch from here. What reinforces a bullish thesis is the volume. Yesterday it dropped with decreasing volume, meaning that there is no true sell pressure on it. Remember the Dow Theory 5th tenet: The volume must confirm the trend. To me, SQ is about to do a reversal, but we must be careful, and always wait for confirmation, as we lack bullish structure in the daily chart. I’ll keep you guys updated on this, so remember to follow me to not miss any of my future analyses!
NYSE:SQ
by Nathan_The_Finance_Hydra
4