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
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.
SQ is now at .618 of the bull market it has a nice ABC decline and wave A x 1.618 = wave wave C AT TODAY LOW MOVE TO A 75 % NET LONG SQ and PYPL at the market look for a rather strong out of nowhere rally back to.382 min best of trades WAVETIMER
Check for rejection when retest the resistance in the daily timeframe.
$SQ might have found its bottom need to confirm support in this area bears still in full control looking for support at the 200ma which is also the .618 fib level if we lose 200ma next level of support is way down below $100 where the volume profile shows strong support in the $87 area I expect $SQ (BLOCK) to start consolidating near the 200ma remember stocks...
Hello, I see a similar “lobbing over” fractal on a smaller time frame in our recent history. In the previous example, we took a small bounce off of the .50 Fib level, before continuing on down to the .618. In this current situation, we have also picked up some support on the .50 fib retracement level. I am interested to see if history will repeat itself with...
Having drop 40% from the peak, I'm seeking a sign of reversal of SQ. Checking the 1H chart, the last 3 local minimums are only 5% different. 1H chart SMA20 already crossed SMA60, and tallying with oversold RSI from 15 Dec to 20 Dec. Price trend up since then. Buy @ 167 Stop loss @ 158 Profit @ 192 Profit to loss ratio 2.9
As the business refocuses on the btc exchange and the blockchain overall, I see support at 170. It could be a choppy next 6 months, but long-term the company is positioning well for the future
Today were taking a look at SQ (SQUARE) So SQ made a big move down for earnings around the $225 level. This level is widely being considered as a "buy the dip" opportunity which very well may be. However obviously we are offering a different perspective and heres why: Reason 1: We spend more than 3x the effort (activity) on August 2nd than we did on February...
The uptrend was broken when ascending triangle broke to the downside. If 100 EMA +SMA doesn't hold then expect 200 EMA to be next. Holding = retest. Good Luck
Determine the next target for $SQ is not an easy task. But the least I can say about is SQ heavily depends on $SPY direction. And with cases of Omicron spotted in muliples states, FED tapering, 30-Yr Treasury yields leaping, things can get ugly for $SPY if it crosses down 450 line. As the context is set, Let us look at the daily chart: - $SQ has already crossed a...
Today, we will take a look at Square INC. The main context for the price is the previous corrective structure (white lines). In August, the price apparently made a breakout which then got back into the structure once again, creating a secondary structure (yellow lines) We always work with the idea that the price moves between zones of the same degree, so, in...
ADVERTISING MODEL PLATFORMS CRASH!!!! The old 2digit tickers they try to run and hide from. Gross. THAT'S WHAT DECENTRALIZATION FIXES. *ADVERTISING*. Notice Jack is out when $FB zuck changes their business name to META. WE ARE LAUGHING. Never would I ever!! Everybody has their own coinage at this point. Sorry Jack. Sorry Zuck. No chance. Both have got...
SQ had an inside day on the markets ugliest black friday. If it can break above $215.65 it can run to support of $225 and begin an uptrend. Above $215.65 i will be taking 225C 2-4 weeks out.
I've got $220 puts for $SQ expiring in 3 weeks, I think $SQ could break here. Once it breaks $225. So far the $227.4 level is being defended with some volume but seems weak here. I think $220 can trade and even continue to fall into that tiny gap around $160 in a few more weeks. Time will tell. Size accordingly. A bear put spread play is also not a bad idea...
SQ declines further in a wave (v) with decreasing volume, so that we can look at two specific levels if bulls step back in. Elliott: We can count a wave (v) in blue. In the most optimistic long-term EW count, the end of this wave could potentially complete the entire ABC correction since 5 August. The idea is to build long exposure, just in case this EW count is...
Two recent stock events have called into question how markets are pricing stocks. The first event is the OG meme stock, Tesla (NASDAQ: TSLA), hitting a one trillion-dollar market cap. And the second event is EV newcomer Rivian Automotive (NASDAQ: RIVN), surpassing the valuation of Ford Motor Company (NYSE: F) after listing on the NASDAQ. One way to gauge how...