Square
Square BuysignThe Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! Send me a message if you would like to try it for yourself!
SQ coiled ready to pop to $80+ ahead of earningsSQ at a major trendline resistance area from the ATH. People jumped on board short yesterday as you can see the increase in volume and a bearish looking candle.
My plan is take the break of that bearish candle of yesterday with a target of $86 area with March $75 calls stoplimit $5.70 with a stop at $4.50-.60. Not risking more than $250.
As always let price discovery be your guide :-).
Square (SQ) Completing Head & ShouldersSquare is a highly volatile stocks capable of making runs that pay both ways. In this case, a symmetrical triangle has formed on the hourly, in a short-term downtrend, as volume has decreased. Expect this pattern to complete, support to hold (if it doesn't, go short), and create the next entry point before it (potentially) returns to 80's, 90's, or ATH's.
SQ ascending broadening wedge, potential bearish cypher patternif bottom trend line breaks the measured move of the broadening wedge is 63.94, also the 50 retrace of recent swing low to swing high.
possible retracement before SQ climbs back up to point D, also the 786 from the major swing high in September to swing low on December 24th
63.94 good area to long if the trend line breaks, or the bottom trend line with a tight stop, all the way to 90 dollars
Expect NYSE: $SQ | #Square to BOUNCE @ the 0.382 Fibonacci Zone!Expect NYSE: $SQ | #Square to BOUNCE @ the 0.382 Fibonocci Zone! This is where I will SELL my PUT option. Then we STEP TO THE SIDELINE & patiently wait for our NEXT HUGE OPPORTUNITY!
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!
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.
SQ LongSQ is still trading 35% below from its recent high. Chart shows SQ break out. Good Luck to all
$SQ is still likely to repair the bottom againSQ's downtrend breakout could be a false breakout. Looks like it is very likely to form a double bottom below its former low.
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.
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SQ GOING FOR ONE MORE WAVE DOWN?SQ seems in the middle of a strong downtrend. If it bounces to the level posted on chart i'm expecting one more wave down. Risk reward ratio 1:3
short outlook on SQ daily time frameSQ is currently forming a bear flag within the downward channel, also continuing a second leg down similar to the previous pattern. . . target at $51 support line.
Bitcoins square root functionsWhile most trades look at a linearized theory like trend lines , triangles and channels it seems that in a bigger picture it is not linear at all. Here I interpolated the lows and highs of bitcoins 3 cycles by a curves that look like square root functions. There is only one parameter of freedom to choose such a square root function a* √x. Without going to deep into mathematics of finance we can see that 2.6-3k region should hold strong support.
Square (SQ) nearing a weekly sell signalSquare (SQ) is getting close to triggering a trailing stop exit signal on its weekly chart. The RSI (14) is below 50, suggesting this is not a good time to 'buy the dips' on the daily chart's pullback buy signals (RSI (2)) and RSI (3))
NYSE: $SQ | #Square in the Midst of a HUGE #ABCcorrection! NYSE: $SQ | #Square in the Midst of a HUGE #ABCcorrection!
SQUARE poised to make new highs sooner rather than laterTenkan-Sen beginning to converge with Kijun-Sen.
RSI picking up aggressively.
Earnings after the bell today...
Investors are pleased with what @jack has done with both $TWTR and $SQ; each stock is poised to keep up the momentum as we head into 2019.
