Hello traders and investors! Let’s see how SQ is doing today! First, in the 1h chart, we see early signs of a bullish reversal going on. After earnings, it did a strong breakaway Gap, and it seems nothing can hold SQ anymore. However, pullbacks are expected, and the 21 ema is our first support level, which is holding SQ nicely so far. What if we lose the 21 ema?...
catching a falling sword only brings hurt...no reason whatsoever to bottom fish at this level...if 100 is taken out, next level is way down. If you are a believer (aka LT investor) you might want to dip your toes a little. There is a good support at 100 and structurally, company is not worse than what it was pre-covid.
Recognizing Wave relationships is a key step in decision making and adjusting expectations from the market. TSLA, always shows some interesting aspect of wave relationships. Do we have a large degree completed wave cycle and inside a major correction which makes TSLA crash to unbelievable targets? Or we are experiencing a less amount of correction and will see...
Block Inc (NYSE: SQ), the point-of-sale payment provider formerly known as Square, is reporting its Q4 2022 earnings this Thursday, February 24. What to expect with SQ stock earnings report? The usual market dynamic of ‘good report = stock price rise’ and ‘bad report = stock price fall’ may not be entirely appropriate to expect after the report’s release. As we...
Buy Block at market (probably 92$-95$ range) than w8 some days to sell at 115$.
We may see mid 80s before it bounces back. Watch out for earnings. March could be a bullish month. Dont miss it. Strong buy from 80-100 range for a good upcoming bounce!!!
Analysis done on 30 minute candles. Block Inc, formally known as Square, is trading near a 52 week low and bulls are still wary of buying the stock. Looking at their financials, the company's revenue and bottom line are moving in the right direction, but their balance sheet needs work, specifically in its asset to debt ratios and free cash flow. Square's growth...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Block, Inc. (SQ). The chart is self-explanatory. The price is in a descending broadening wedge and making an attempt to break out of the wedge. If price gets rejected it could fall into the Support Areas. RSI is at the S/R line and has potential to bounce off of it. If...
The simple answer is ARK invest and social media Fools ..! When on February 28, 2021, I wrote the article: The Social Media Trading Bubble comes to its end..! These kids (generation Z) called me PERMA BEAR..! After 339 days you can read that and if I were right or wrong..! I think most of them are now Near Margin Call if they have not been wiped out...
Buying SQ right here right now for big discount, I haven’t even checked I just know it’s cheap and the indicators look good for a potential bottom. I’m looking to buy 6 month and 12 month calls out of the money. The 4 hour has flipped bullish and daily is close, markets could see a nice bounce here over this week and next week before we resume a plunge to the...
PYPL and SQ are among the biggest fintech companies! PYPL P/E: 38 SQ P/E: 109 I think both have the potential to have a P/E ratio below 20..! If you are looking at price volume it clearly shows in 2021 they had experienced a huge decline of 16% and 46% which means lower ambition to invest in these companies in comparison to 2020! Soon they will be double...
$SQ Trade update Averaged down today here. New average 125.88 New sell target 156.11 for 24% —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see...
Block needs to consolidate in the bullish pattern in 'a' wave of the 2nd wave. crab harmonic pattern: X=$426 AB=0.61 XA BC=0.38 AB 0.78 BC=$81 0.88 BC=$90 0.78 XA=$183 1.6 BC=$209 0.88 XA=$271 2 BC=$322 2.24 BC=$424 2.6 BC=$654 1.13 XA=$712 1.27 XA=$1248 3.6 BC=$2051 1.41 XA=2153 4.23 BC=$4157 1.6 XA=$4898
SQ a buy at $130 or coming down to $120? Selling volume picking up but $130 holding for now.
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Expecting the July/August 2020 accumulation area to hold. Looking for a pop next week to 144/147 to take off my Calls. Will scale out of calls as we trade above 140. Started a position in shares for a longer term hold.