Bull Case for SQ ! Fundamentally its a very strong stock that has fair value at 80+ Tehnically there are multiple bullish cases 1) it is bouncing off a fib golden pocket retracement 2) it is making simple HH and HL as per dow theory 3) if it breaks above 72 level then it will be breakout from a very long bear trend Entry @ 73 keep in mind it might...
NASDAQ:SOFI to report earning on 29 Jan EPS Beat Expected by 56.18% Stock will Shoot Up - Stock is expected to Move 16.10% Today's Current price$ 7.61 Earning trading range will be $ 6.37 to Upsode $ 9.25 Our Pivot point stand at $7.17 expect 16.10% of this price either side
Hello, everyone, as always thank you for reading and looking at my analysis on $NYSE:SQ. As you can see here on the daily chart, we are currently in a major supply zone. We are over-extended from the 200 MA, we are oversold, and the buying pressure on the MACD is slowing down. Now, all I am looking for is a strong bearish candle with a valid volume day to confirm...
Looks like time has come to buy this stock. As long as it remains above that bottom trend line and stays above 52, it could very well hit 64 where it will meet its first resistance. If it stays around 64 and crosses it, next stop would be at 74.
Medium-term long position. The instrument purchase range is $15-17 I suggest buying an asset from the level of $ 15-17 When we reach these levels, I will make a further forecast. Stay tuned to find out more ideas.
Our pivot point stands at 6.8. Our preference Short term rebound towards 9.46 (Exit at this price ) Alternative scenario The downside breakout of 6.8 would call for 6.09 (Keep Buying Until $ 6.09) Stock is at Daily chart support Heavy Insider buy Nato anthony CEO on 09 Nov at $ 6.78 bought 44000 and total share owned now are 7,239,289 Lapointe...
NYSE:SQ Bearish to Bullish Reversal Bottoming Pattern with a bottoming pattern developing.
Square-parent Block (SQ) on Thursday reported third-quarter earnings and revenue that topped estimates. SQ stock jumped on preliminary 2024 guidance for earnings before interest, taxes, depreciation and amortization, a key metric known as EBITDA. Released after the market close, Square earnings for the period ended Sept. 30 were 55 cents per share on an adjusted...
Head and shoulders pattern identified on the weekly chart. I will be watching for a break or retest of the 52 week low or a break and hold above 47.50. A break below the 52 week low would confirm that market participants want to take the stock lower. However, a break and hold above 47.50 would confirm that participants are interested in taking the market...
As you can see here, we are coming up on a demand zone area from back in March 2020. We are touching the bottom line of the Bollinger bands and the bands are opening up meaning there could be volatility for a big move. We are also oversold on the RSI as well. I would wait for a big move off of the band with high volume and target the upper Bollinger band. The...
SQ has hit a new low This figure shows the weekly candle chart of Block Company's stocks in the past three years. The graph overlays the top to bottom golden section for 2021. As shown in the figure, the stock of Block Company fluctuated and organized in a rectangular range that remained relatively low from May 2022 to the previous week. This week, it has hit...
Our pivot point is at 50. Our preference Short term rebound towards 64.3 Support at $ 50 and Resistance at $ 70 Bull Debit Sprtead $ 70 and $ 75 has 354 % upside Strike date 16 June
SQ recorded significant net buying / accumulation at the current range. Volume has surged 21% over its average numbers conveying buyers positioning in anticipation of technical and fundamental growth. SQ has dramatically overextended its multi year correction from a peak at 283 back in August 2001, a pandemic era. Recent price movement is hinting of a trend...
Buy Alert on GS 15 March - Bull Debit Spread + Double Put Spread (Read Carefully we are buyign 1 Put and sell 2) Trading range $ 261.43 to $ 464.46 1: Buy 1 Call Option for 15 Mar for $ 400 and Sell 1 Call for $ 420 2: Buy 1 Put for 15 Mar $ 240 and Sell 2 Put for $ 215 Net Debit $ 0.78 Cent Our pivot point stands at 331. Our preference The downside...
SQ - Block (also known as Square) is at the Discount Price Level. It may be tie to dollar cost average into SQ. This level has shown to be a discount level about 4 times in the past. Remember past performance does not dictate future results. Also, fundamentals trump technicals every time. Do your research and determine if this technical analysis matches...
SQ is currently at local resistance but after a massive sell-off, I would expect continuation to the upside short term. -------------------------------------------------------------------------------------------------- Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts...
On the 30- minute chart BLOCK ( SQ) broke down from a VWAP pop last week into a drop this week to earnings which were a 7% beat on earnings. MACD lines are about to cross. he lower RS line in green is showing bullish divergence while the mass index signal is in the reversal zone looking to trigger with a fall. Finally the narrow range or flat candlebars at...
SQ ER analysis is here. I am bullish. Please understand the process of rice which has been clearly explained in the analysis. NOTE:DO NOT TRADE OPTIONS