While $GUSH continues to actively fail its previous trade channel, this again represents a solid LONG to 91. This could simply be a "completion of the square" w/in its previous 5-wave ascending channel. It is hopefully just that: Profit Yield still hovers near 20-25% ROI on the position swapping (a long play on $GUSH). BLOOD OR OIL
Here is the original chart. I noticed the pivots and levels to be in sync with the price action so I decided to remove the testing indicators and share. Always Bullish long term on BTC. Short term = N Midterm = Higher highs and lows needed
We have great support and a clear wave structure .In an A B C pullback min rally 242 and we pulled back to a perfect .382 on the lows
$SQ has bounced off of the .618 fib level, which has provided a bounce in the past. The MACD has also crossed. Definitely risky though, we had a major double top pattern at $280. Good Luck!
-The stock market was having a generally negative day on Monday, with the S&P 500 down by about 0.5% at 2:30 p.m. EDT. However, fintech giant Square (NYSE:SQ) was a major underperformer, down by 5% on the day. -The primary reason for the decline is that Square announced plans to offer $2 billion in senior notes (aka debt) in a private placement to institutional...
We just saw a clear double bottom, the pullback into the middle of the 'W' has already begun too, meaning not too long from now, we're gonna see a quick bulish run. The stock's at an ATH and apparently is still destined for more. The OBV is also on a clear rise, another bullish sign Like to spread the message, follow for more and tell me what you think! Ill...
Hello everyone, SQUARE is definitely one of the current hype stocks. Accordingly, the share price has developed well in the past. But everything moves in waves and Square will be no exception. There are some warning signals in the chart that suggest a strong correction. And it is precisely this expectation that I would like to use to determine a nice long-term...
Sometimes, it doesn't need much technical analysis to figure out the price action expectation, the low was predictable so will be the next top :)
I wouldn't sell SQ just yet. It looks primed for new highs with strong trend momentum.
Square going to have another attempt at upper fib levels, PTs shown here.
Square Inc look very bullish and catching up the market after hard downtrend of March . Indicators: Obv W%r Average true range Ema 20/50/100 We have positive deviation in Obv , W%r have more room for buyers to pushing up if we break and average true range ( Atr) of 13.6 . Our supports level is 200$ on the bottom and ema 100/50/20 for the middle until now...
Using both a schiff pitchfork and (more importantly) trend line, it seems SQ looks set to fall tomorrow to continue its “larger” wedge pattern formation
I'll be watching SQ closely on Monday pre-market and opening. Long-term, I think Square is a great hold, but there could be a nice dip entry coming our way with the head and shoulders pattern becoming obvious. There is news emerging that Square's cash app has been prone to hackers. There have only been 6 reported incidents according to Yahoo Finance, but if this...
What a juicy entry into Visa. I have worked closely with Visa, and these are some of the big points I think will work in their favour: > Right where the stock was before the pandemic crash in March 2020. What? > Olympic year -- Olympic years are good years for VISA as a TOP partner of the International Olympic Committee. Sure, we are a bit worried about how...
$SQ is the bull of all bulls. This innovative fintech company regained the prime trendline that held since the march bottom. With the economy reopening and small businesses reopening this stock is poised to surge. This is a great long term hold and a key part of my portfolio. Looking to hit new ATH within a short time frame.