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S2QU34 trade ideas

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.
NYSE:SQLong
by dpuleo19
SQ -- where do we go from here?SQ had a pretty wild day today. Started off by lagging the market and all of a sudden it just goes on a near ~3% tear to the upside. Was definitley concerned at first that SQ was lagging the market but it was nice to see it continue some green movement. Fundamentally SQ just has had a phenomenal week for its company-- how you may ask? GME! When all the robinhooders had no where to go to buy meme stocks cashapp was right there to shelter them. The number of new users was crazy plenty of articles published today won't bother repeating but the numbers were super impressive. Hell most people didn't even know you could buy a stock on cashapp. Onto the technicals. On the daily 1 signal we got was a cross over the 50 rsi which could signal the start of a new bullish trend. We still need confirmation of course but still a sign tides could be turning to the bull side. On the 1 hr the key level I am watching is 200 MA. This is a key level for SQ. It found perfect resistance on it last week and if you look at the chart it's a pretty strong indicator as to what direction SQ is heading based on whether it breaks below or above. If we break that level we could definitely see a test of ATH and a start of a new bullish trend. Best of luck
NYSE:SQLong
by NewtonsTrades
Ride the Wave - UptrendHi friends, Square is another strong up-trending stock thus we need to buy the dips to ride the wave. This is a short term analysis focused on the 1 hr chart wherein we see a break of the downtrending line. I expect Square to run to the immediate resistance around $225 then probably consolidate for a bit ($209 level should hold) before breaking the resistance and running towards the next target around $237. Please share your thoughts and ensure proper money management. Thanks for the support!
NYSE:SQLong
by Zaitermo
Buying Opportunity. Targets: $246, $284Greetings Investors, I'm bullish on SQ , based on the following: 1. Price has retraced to a key-level of support around $210, which is also the 38% FIBO of the annual uptrend. I expect price to bounce upward from this level toward resistance at $246, which is the first target. 2. Price has retraced between the Monthly (blue line) and Quarterly (orange line) EMA, which is a classic buying zone setup. 3. Volume as decreased alongside price, which I interpret as bullish consolidation. 4. If price breaks through resistance with strong volume, second target is $284. 5. RSI (43) is decreasing, which I posit that SQ has explosive future potential (momentum). Strategy: 1. Consider the $250C (19 Feb). If SQ retests resistance within the next few weeks, the premium for this option will increase significantly. (BUY LOW, SELL HIGH) Happy Trading! Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss.  Loss of principal is possible. Please exercise your own due diligence.
NYSE:SQLong
by chiefwils0n
11