SQSQ
The SQ stock has broken the $95 resistance level after a prolonged consolidation. The next target price is $148.64, with a potential upside of approximately 57.85%.
SQ trade ideas
Inverse Head & Shoulder Tutorial An inverse head and shoulders pattern is the opposite of the head and shoulders pattern and signals a potential bullish reversal from a downtrend to an uptrend. Here's a breakdown of its key components:
Left Shoulder: The price falls to a trough and then rises back to a resistance level.
Head: The price falls again to a lower trough and then rises back to the same resistance level.
Right Shoulder: The price falls again but only to the level of the first trough, then rises once more.
The pattern gets its name because it resembles an upside-down head with shoulders on either side. The neckline is the resistance level connecting the highest points of each peak.
Types of Inverse Head and Shoulders Patterns
Inverse Head and Shoulders Bottom: This pattern signals a potential reversal from a bearish trend to a bullish trend.
How to Trade It
Breakout Confirmation: The pattern is confirmed when the price breaks above the neckline in an inverse head and shoulders bottom.
Entry Point: Traders often enter a long position when the neckline is broken in an inverse head and shoulders bottom.
Square (SQ) Setup is Ready for its Christmas Rally [LONG]Google the Inverse head and shoulder pattern. It seem's clearly visible in SQ. Additionally, there seems to be a cup and handle pattern.
This tea cup is looking primed for a Santa rally. The volume looks sound. Fundamentally, they are doing fine, the company has worked hard and made a notable name for themselves. The RSI is healthy just not oversold on the daily but in the shorter term looks oversold. I see no reason to not participate.
Gooooo NYSE:SQ
long on SQLooking on a weekly chart we can see that SQ is in a consolidation for over 2 years.
But if we look closely we can what was building in there, a head and shoulder pattern and in November we broke resistance level and neckline.
I'm conforming that its a valid breakout with the increase in volume at the breakout.
Now we had the retest to neckline/new support.
Now IM waiting for a bullish weekly candle to trade off that level and then enter long.
Here's a SQUARE deal for you! (SQ) SQUARE (SQ) Weekly Chart
I'm definitely excited by the potential for an explosive upward move on display here. My notes within the chart are fairly well explanatory. Best wishes to you all!
Block, Inc. is an online digital and mobile payment platform for consumers and merchants and is the parent company of Square and Cash App. The users of Cash App can buy, sell, send and receive Bitcoin. In addition, SQ’s decentralized tbd platform allows developers to build decentralized finance applications that run on programmable blockchains. SQ is also one of the largest Bitcoin investors.
NOT FINANCIAL ADVICE
Consider near put debit calendar 2 week out Stock is in consolidation period. It can go either way. This is when a put calendar weekly debit spread of 45 delta and debit call calendar can work. Head I win, tail I win.
SQ Long OpportunitySQ has been range-bound for a long time now, and appears to be setting up for a bigger move to the upside. Based off all-time fib retracement on the monthly timeframe, if we can break this level around 100, we can see a move up to the 130s at the next fib level.
On the weekly and daily timeframe, we still have that inverted head and shoulders pattern, and SQ has already begun breaking the downtrend, after creating its first higher high.
SQ will likely retest some FVGs to the downside before continuing a move to the upside, as this is likely where buyers are waiting to step back in. We also have people taking profits going into resistance, which is why we have more sellers than buyers right now.
I would look to enter long around 90-93, and you can probably set up alerts at these levels.
SQ LEAP PotentialNYSE:SQ
With the FED's announcement of possibly only TWO rate cuts in 2025, my eye is on companies like NYSE:SQ , NASDAQ:AFRM , and $PYPL.
NYSE:SQ had the most beautiful set-up, to me, so I began here!
The "perfect" set-up to me would be if the potential H&S pattern played out and we saw SQ push back towards the 92.65 level, reject back down towards 80.50-81 and hold the .382 Fib level AND the weekly support trend line.
However, if bullish momentum is strong, a weekly break above 92.65, with correlating volume, and I will look to enter and target 99, 107, 117.
SQ a buy in 2025?SQ is coming out of a long phase of base building that has lasted several years and has repeatedly failed at resistance around the 90 dollar mark. The stock is now at precisely this level, which coincides with the AVWAP from the ATH. It is questionable whether the share can hold above this level or fall below it again.
SQ_UP but it's oversoldIt looks very good, accumulation phase. complex inverse H&S, breakout and retest.
Let's observe the RSI
TP are on the chart.
NFA
Block $SQ Weekly Chart Break Out🚀 **Block ( NYSE:SQ ) Weekly Chart Breakout!** 🚀
Block's weekly chart signals a bullish breakout, hinting at potential upside momentum. Watch for confirmation as key resistance turns to support. Eyes on the next price targets! 📈
#SPX500 AMEX:SPY NASDAQ:QQQ #BITCOIN #CRYPTO
Top 5 Weekly Trade Ideas #4 - SQ Falling WedgeSQ made the top 5 list two weeks in a row. Don't usually like to the post the same tickers back to back, but it worked last week and I like the looks of it again. Got a nice breakout and now it's holding $94 and forming another bull flag/wedge. Looks great for another long with a stop below $94.
LONG Block IncBlock Inc has broken above its long-term consolidation range of $54 to $84, surpassing the 0.236 Fibonacci retracement level on the monthly chart. A December close above these levels would establish support, targeting the 0.382 Fibonacci level at approximately $125, representing a 30% upside potential from current prices.
Block Inc maintains strong operational momentum despite Q3 2024 results falling short of market expectations. While the projected Q4 gross profit growth of 14% year-over-year missed consensus estimates of 16.2%, the company's core business segments demonstrate robust fundamentals and expanding market opportunities.
Revenue Segment Distribution Outlook 2025:
Square & Afterpay ecosystem: 45% of total revenue
Cash App platform: 35% of total revenue
Bitcoin Mining operations: 12% of total revenue
Buy Now, Pay Later (BNPL) Services: 8% of total revenue
Strategic Growth Catalysts:
Strategic Bitcoin investment: New commitment to allocate 10% of gross profits
Enhanced financial reporting: Implementation of FASB fair value accounting for Bitcoin holdings starting Q1 2025
Mining technology innovation: Development of proprietary Bitcoin Mining Chip in partnership with Core Scientific
Payment integration expansion: Successful Afterpay integration with Google Pay platform (launched November 2024)
Strong transaction metrics: Record-breaking 144 million transactions processed during Black Friday/Cyber Monday 2024"
LONG Block IncBlock Inc has broken above its long-term consolidation range of $54 to $84, surpassing the 0.236 Fibonacci retracement level on the monthly chart. A December close above these levels would establish support, targeting the 0.382 Fibonacci level at approximately $125, representing a 30% upside potential from current prices.
Block Inc maintains strong operational momentum despite Q3 2024 results falling short of market expectations. While the projected Q4 gross profit growth of 14% year-over-year missed consensus estimates of 16.2%, the company's core business segments demonstrate robust fundamentals and expanding market opportunities.
Revenue Segment Distribution Outlook 2025:
Square & Afterpay ecosystem: 45% of total revenue
Cash App platform: 35% of total revenue
Bitcoin Mining operations: 12% of total revenue
Buy Now, Pay Later (BNPL) Services: 8% of total revenue
Strategic Growth Catalysts:
Strategic Bitcoin investment: New commitment to allocate 10% of gross profits
Enhanced financial reporting: Implementation of FASB fair value accounting for Bitcoin holdings starting Q1 2025
Mining technology innovation: Development of proprietary Bitcoin Mining Chip in partnership with Core Scientific
Payment integration expansion: Successful Afterpay integration with Google Pay platform (launched November 2024)
Strong transaction metrics: Record-breaking 144 million transactions processed during Black Friday/Cyber Monday 2024"
SQ: phase E Wyckoff has just begun!SQ: phase E Wyckoff has just begun!
-Choch old accumalation range.
-Successful BU/SOS.
You can seize the chance of backtest this week and go up together with SQ!
Let's see!
.
US STOCKS- WALL STREET DREAM- LET'S THE MARKET SPEAK!
SQ - 28 months HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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Block text book inverse head and shouldersThe weekly chart of Block, Inc. (SQ) displays a textbook inverse head and shoulders pattern, a classic bullish reversal setup. After consolidating within a range for an extended period, the price appears to have broken above the neckline, signaling potential upward momentum. The target range, indicated by the blue zone, aligns with historical resistance levels.
Key observations:
• Neckline breakout confirms the pattern.
• Support levels to watch: $86.83 and $88.16.
• Potential 🎯 Target: $198.06, aligning with previous highs.
• Indicators such as RSI and Ichimoku Cloud complement the bullish outlook.
This setup suggests a favorable risk-to-reward ratio, but patience is key.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Trading involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions. Always perform your own research and analysis. Past performance does not guarantee future results.
Block Inc OutlookI believe Block Inc has huge potential for upside although it looks down right now, everyone uses cash app and that's one of its main ways to generate income, also SQUARE is used a lot in business as well. I see this possibly hitting 100$ at most then long term depending on what they decide to do with the crypto project maybe 150$.
thank you
SQ: Bullish bullish bullishSQ pumped when BTC bumped last bull season.
It broke the top resistance, if it above the resistance, it should rally big in no time.
Happy trading. NYSE:SQ
Top 5 Weekly Trade Ideas #3 - SQ BreakoutI would say this is a very bullish looking chart for SQ. Big gap up above its falling wedge. I'd expect more upside, but so far it failed to sustain above $94. $94 will be my main level here. The context is bullish so I'll stick to the long bias for now, but I wouldn't be excited about longing it now under $94. If it can reclaim and sustain above I'll be looking for dips to buy.
Square ($SQ) Set to LAUNCH! 84% Upside!🔥 Square ( NYSE:SQ ) Ready to Skyrocket! 84% Upside! 🚀
📢 High Five Setup Alert on Block ( NYSE:SQ )!
My H5 Indicator is flashing green, signaling a prime opportunity to take a position in $SQ!
Key Highlights:
Bullish Breakout: We’ve broken out of the Bullish Falling Wedge pattern and successfully retested.
Volume Ignition: Launching off the volume shelf with a volume gap to fill, setting up for a powerful move.
📈 Price Targets:
Primary Target: $149
Main Move Target: $162
This setup is primed for action! Will you be adding NYSE:SQ to your watchlist? Stay tuned for more insights!
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