Square ( NYSE:SQ ) is a serious growth company and is certainly a long-term investment. I'm bullish on NYSE:SQ long term, but I believe especially today, the stock has presented us with an excellent buying opportunity. As usual, I don't talk fundamentals. I'm only looking at the chart from a technical analysis perspective. Sometimes, after a stock is running...
Since 1998 Amazon rewarded the shareholders with 77165% gain, one of the most incredible gains of all times. During the same time period, NASDAQ has gained only 1139%, which means Amazon gained almost 68 times. When you take a closer look at Amazon you will notice something has changed in the last 4 months.
Amazon the 3rd biggest market cap company in the world...
$SQ square has made a bullish TK cross over the cloud. Heikin Ashi continue to make strong highs. Trending toward short term PT of $300
TK CROSS OVER CLOUD
BULLISH GREEN CLOUD
TRAILING LINE OVER PRICE ACTION
Every day for the next two weeks, we're going to highlight one of Schaeffer's top 14 picks for 2021. Up today is a popular name from a few years ago that still has room to run. To access the entirety of the 2021 report, click here .
Online payment provider Square Inc. (NYSE:SQ) has been a stock to watch over the past five years. The equity has dominated the...
Bitcoin ( BITSTAMP:BTCUSD ) has been one of the trickiest assets to forecast, until institutions hopped on, and now it's THE trickiest asset to forecast. So I will give my take on it and the factors I'm considering for my mid to long term analysis. I also give a short-term forecast. But since that can change very quickly, keep following this idea for updates.
I own both Square $SQ and Paypal $PYPL. I've identified some demand levels where I would buy more Square than Paypal. The yellow shaded area are Square demand zones. The top line of these levels is my entry point to buy more Square than Paypal.
Square might be due for a pullback to ~$170 (0.236 Fibbonacci level & channel support line).
- An extended bearish RSI divergence forming on day chart.
- Trading near top line of resistance and above upper Bollinger band (2 standard deviations from 20 moving average).