4xForecaster
Long

$SQ - Model Eyes 17.21 | #square

NYSE:SQ   SQUARE INC
560 9 13
7 months ago
Friends,

snapshot


A prop geometry is completing at the 12.65 handle, whereas the Predictive/Forecasting Model eyes a probable low at 12.43 - Look for a reversal to the UP-side if and once price reverses with bullish initial quantitative target at 17.21 and secondary target at 17.68.

Best,

David Alcindor, CMT Affiliate
Alias: 4xForecaster in Twitter/Linked-In
7 months ago
Comment: 05 MAY 2016 - Chart Update / Tech-Note:

For those interested in a possible GEO development, here is a skeletal development:
snapshot


David
7 months ago
Comment: 05 MAY 2016 - Chart Update / Tech-Note:

After-hour market values suggest a lower low - As the geometry unfolds, consider 11.10 as a resonable support:
snapshot


David Alcindor
5 months ago
Comment: 07 JUL 2016 - Chart Update / Tech-Note:

Price remains bound to bearish TG-1, which is the first target in the sequence, but the only bearish one defined by the Predictive/Forecasting Model:

snapshot


Overall, bullish targets remain intact and in force - A refinement of the bullish target might occur, but none have been redefined at this point.

Thank you for following this one.

Best,

David Alcindor, CMT Affiliate
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: admin@KADAInstitute.com
All updates on https://twitter.com/4xForecaster
AdrianM
7 months ago
Do you still think 17 is a possible target? It dropped below 11.
+1 Reply
4xForecaster PRO AdrianM
5 months ago
Hello @AdrianM - So sorry for this late reply ... Yes, the forecast remains bullish here, AFTER price reaches the first target of the Model's sequence - Update coming within a few sequence.

David
+1 Reply
AdrianM 4xForecaster
5 months ago
very interesting. Thanks
Reply
abail
5 months ago
Hi David, any updates on this idea?
+1 Reply
4xForecaster PRO abail
5 months ago
Hello @abail - No new change.

Price remains intent on the bearish TG-1 level, as forecast, prior to rallying to at least the historical high - Posting an update within a few seconds.

David
Reply
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