I believe for the next month or so, SQ has the ability to get to my TP at $274.95 . My entry however will be based on: 1. if price closes above the red trend line in the near future I already have 3 waves down on price and the yellow static line in RSI was broken If the final condition is met, I will likely place an entry, a month out, to see if SQ can hit my...
$PYPL +$210 Price targets: $220, $224 Technical Analysis: Gap fill News Catalyst: N/A (Trading based upon TA)
NYSE:SQ recently hit $261 & got shot down. Has a good support at $252 & bouncing back up. It's heading towards $260+ as per 4hr chart. Love to see how much it goes up before the Earnings Nov4. FYI - Valid only before Earnings.
The network effect & stablecoins thrown into an #echochamber of advertising. Nasty. Profits over people with #shadowbanking & #feevultures. Buy now pay later bla bla. Show me a fiduciary please. JPow already said that Bitcoin is "not needed". Therefor, no need for the middleman to take percentage of moving it!!! Just need a personal wallet to send & receive...
SQ has bounced back from support @ 249.5 using Aspen Trading Support & Resistance Levels. It seems poised to go up all the way up to 265. Another tailwind might be the positive earnings today. Please like, share and follow if you agree with the analysis. Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information....
NYSE:SQ is trading within a Bullish Flag. It held the bottom trend line of the flag today. If this holds tomorrow it should bounce back up to $257 -> $262 -> $264 considering the Earnings coming up in Nov. NOTE: Since SQ is invested in Bitcoin, should always keep an eye on Bitcoin price movements.
Hi everyone, Today we are taking a look at NYSE:SQ perfomance. As always, I've put the stock inside my boxes. NYSE:SQ has been trading with high volatility inside 190-280 range for almost a year now. Key demand areas: 191-197 222-230 Key supply area: 281-288 My outlook: To go for ATH we have to break 290 and consolidate above. To start a...
Today we will take a look at Square Inc. Jack Dorsey's company. In case you don't know who Jack Dorsey is, he is the founder of Twitter inc. In case you don't know what Twitter is... (I'm just joking) Let's go back to Technical Analysis: I can see two clear structures here: *The previous impulse (which is a sequence of higher highs and higher lows) + The...
Looks like we have a SQ push from a breakthrough TL at 254. 254+75=329 or 254+40+294 These are the levels to watch...wondering if I should buy to close my options, and sell when prices reach higher...
Square is now operating in a descending channel having recently come off an ascending channel.
Despite Bitcoin strength and an Analyst upgrade, Square stalled and got rejected precisely at 251 Gann level, slightly above the 50-60% retracement zone. Our idea then was to build short exposure, as we can count a complete wave (b), expecting further downside. Price is back at the volume node low today. Should price turn and make a higher high, the count needs...
SQ was rejected precisely at Gann level 267 and dropped towards Gann level 235, giving us a nice profit. We can count 5 waves down (green count) and, if correct, may expect a retracement, especially if Bitcoin continues to climb. An idea could be to reduce short exposure on Gann level 235 in case Bitcoin pushes higher and SQ correlates. The 50-60% retracement...
Today, we will take a look at Square INC. a) The price has been inside a corrective formation since February 2021 b) On August 2021, we saw the first attempt of a breakout, and since that movement, the price was not able to make a new ATH c) Currently, we can see an ABC pattern on the edge of the previously broken structure d) What to expect from...
SQ has topped out on 5 AUG, perfectly closing at Gann level 284. Price has since formed a series of corrective ABC patterns and bounced off the 20 week MA on 13 SEP. Square is currently approaching Gann level 267, with the 5th wave coming to completion (green count). The blue box is also the 50-60% retracement area of Wave (a), where sellers may step in. If SQ...
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
Has been consolidating for quite some time after a big move up. Clearly it's trend is still up with tons of upside left. Square is a pretty revolutionary company and it is definitely feeding of the banking sector. Not much to say about it other than the chart is looking great. Might take a little time to take off because of the way the chart is structured, but I...
MATIC finding resistance and support in line with a fixed Gann square. Price action rebounding in line with key markers.