SQThis is my analysis of this stock, and I hope you will take it into account. I wish you much success.
SQ trade ideas
SQ weekly despair zone of bubble cycle stop loss $0 HODLSQ weekly despair zone of bubble cycle stop loss $0 HODL entry $63.02
SQ covered callI do not WANT to get called away here. So, I will play defense if I have to.
However, sold $70 call exiring Nov 25 for $1.00 limit.
That's $9 away or about 15%. IF this is a NEW position for you, nice level to play it. 100 sma should act as a small resistance and this is a decent retest gap.
Will Activate Markup above 58Target levels:
64
71
83
Will likely breakout this week in line with crypto, heavy accumulation recently
Insane Valuation of Block Inc.Hello, after seeing blocks p/e ratio of roughly 470, i think it is massively overvalued and i expect it to go to my target zone in the coming weeks.
May even going lower but playing it safe is better i guess.
Current correction seems a good opportunity to short it, altho still recommending stop losses.
DYOR and please leave a like =)
SQ bear hammer monthlySQ shows perfect bearish hammer at monthly. Potentially wave 5 of the downtrend.
Expect bullish hammer September kiss $30 and either chop or begin uptrend from there.
Sq Ugly looking chart yes, Howver we have previous weekly taps upon a upper sloping trending support. So far 2 taps over the course of its life. If we were to contiue on that path, 50$-50.20$ is a potential buying point for a long swing. I’d expect buyers to step in roughly around 50$ and it lines up perfectly with this support Idea. I will be patiently waiting with a bid there. Good luck!
SQ long ideaHey all, I've been posting bullish setups, I think SQ is among them. I think this name rallies in the first half of the month. I am not in this name, but I would stop out if new lows were plowed through.
Looks Like A Long?Not sure how many sellers are left here but from a fundamental pov this looks like a decent long term buy here imo.
SQ- Inverse H&S1st published idea. for 9/26- 9/30
Overall market looks to be turning around in the short term.
entry: 56
target : 60
Waiting for MacD cross for entry on 2 hr
2X $SQ to DROP another -40%!????Square has been killed we will stay with the trend due to market trend and conditions! if price fails to break above $60 or fail to break this current area, we will be heavy in shorts/puts down to the next level which is the $30 area!
Keep a close eye on the RSI (Oversold) 1 Day Chart is signaling an Oversold SQ (Block) right now. It very well may cross below 30 first, if it does I will wait until confirmation of crossing up 30 to then get in at that time. Although if it decides to have a nice bounce off of 30 with overal positive market sentiment at the same time, since almost all other RSI levels are at this Oversold area as well, then I would be getting in right then and their. I belive SQ has a strong future ahead of itself and that it is over dramatically sold off due to this bear market. Even if you do not belive in its future as a stock you have to agree that naturally it will be coming up off of these lows and that is a profitable trade to be made. So just wanted to that out! Have a good day everyone...
SQ - Targets 45 then 35I think SQ goes to 45 at least. I loaded some december expiry puts today. Will be averaging over the next week. Planning to hold 75% of my position till 45 at least. Will let some runners till 35.
Falling Wedge- Bullish (Long) - UpdatePosting a quick update here on SQ as buyer volume finally picked up and SQ closed the day breaking above strong resistance at the $68.84 mark while also reclaiming its 20-Day EMA. SQ has been trading sideways for quite some time and is seemingly breaking out of this falling wedge heading into earnings on 9/22' and with quadruple witching this coming Friday. Additionally, SQ closed out the weak with a golden cross on the MACD. On top of that, SQ's RSI is finally out of oversold territory on the weekly timeframe, accompanied by a massive bullish harmonic pattern and its Bollinger bands squeezing. Personally am bullish and am looking for a breakout, however, will add some downside protection due to how long SQ's been trading sideways. Nevertheless, bullish and will be watching closely for a breakout from this wedge as buyers continue to step in (broader market conditions permitting- earnings & quadruple witching)- Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on in the meantime.
**See Below for Price Targets, Weekly Timeframe, and Previous Charts**
--Weekly Timeframe--
- Falling Wedge
- Bullish Harmonic Formed on the Daily & Weekly Timeframes
- Bollinger Bands Squeezing
- Closed Friday Breaking Above Strong Resistance
- RSI Finally Out of Oversold Territory
PT1- $78.82
PT2- $81.03
PT3- $86.76
PT4- $90.71+
SQ bottom end of year?This has been beaten down long enough. I'm assuming there is some tax loss harvesting going on end of year.
There are waves and harmonics going on here, looks like a good support level.
Trying to pick up these shares for 160. Let's see if I get filled.
Block, Inc.Too high numbers like P/E, P/B, quite low EPS...
But we know the market doesn't look that way. Definitely in this industry.
The price seems to me in a decent discount, if I had anything, I would start to accumulate :)..
sq levelsAll colors are different time frames. Dark red weekly, orange daily, yellow four hour, green two hour, baby blue hourly, blue 30 minute, pink 15 minute. Trend line is drawn based off of rejection of trend based on the hourly as well as a green basing period following an engulfing red candle.
$SQ potential head & shoulder patterAsymmetrical H&S pattern on $SQ. Breakdown of the neckline confirmed Potential targets of selloff around $66-$61-$56. Head and shoulder patterns have some of the highest success rates. I will wait for a pullback towards the neckline and potentially short there.
$SQ OutlookHonestly, doesn't look great. Probably won't get above $100 in the near term unless unexpected news hits the wire. Looks probable that it'll chop for months
SQ AnalysisPrice has recently took liquidity at 90.99 and is unable to close higher. Price was on an uptrend and broke the market structure to the downside yesterday. We have sell-side liquidity built below and I'm expecting price to at least retrace back to the bullish POI at 76.44 from here.
$SQ -68% DISCOUNT (52-WK) -77% (ATH)!Square/Block is Great stock if you are thinking about adding a software, crypto and financial services stock to your watchlist/portfolio. It is currently showing a possible sign of reversal, but I think it has a way to go down! The original Heavy buying positions from IPO '15 to ATH in '21 is the $71 area! The next set of buyers are @$32.25 area! Which is good entry to swing to the $290 ATH, but the $32 entry area is a SNIPER! anything in between those two are good entries for long-term.
