Price broke out of parallel channel and closed above resistance with a bullish hammer candlestick on weekly timeframe. Fundamentals seem positive. Target $190
Large weekly timeframe accumulation base has developed in SQ. Watch for the potential breakout of this base.
SQ Formed inverted H & S Pattern expecting to stock reach around 120 if it sustain above 80
enter price -71.63 stop loss -88.07 take profit -38.49 (weekly) DETAILS: i noticed the price is inside a tunnel and below the ema 200, the price got to resistence line and a strong resistence area the price tried to break these areas 3 times and lines (we can see it clearly at the red line of the swing 10 high ) waiting for confirmation ( big red candle with...
SQ's recent rally shows weakness and not founded on solid reasoning. Current price level appears risky. SQ had a good rally from Oct to Dec and contracted a fair amount and held. Later on.... SQ had bad earnings NVDA a very unrelated stock had great earnings pushing SQ up Recent gap up is clearly irrational Recent rally is unstable and should expect...
I, and most people I know use cash app, right?! Jack Dorsey, CEO of SQ, has long been a Bitcoin Maxi. Notice how CashApp only deals in BTC, and not those alt-coins that you can just create out of thin air. Dorsey regularly speaks at BTC conferences and was even seen wearing a Satoshi shirt on two back2back SuperBowls. Even looking at CashApp as a place to get...
In the weekly chart of Square, a significant pattern known as the Reverse Head & Shoulders has emerged, signaling a potential bullish reversal in the stock's price trajectory. This pattern typically consists of three troughs, with the middle trough (the head) being lower than the surrounding peaks (the shoulders). In the context of Square's chart, this pattern...
Block Inc., (NYSE: NYSE:SQ ) led by Jack Dorsey, has announced plans to trim its workforce by 112 jobs on March 30th, as part of its efforts to streamline operations and reduce costs amidst economic uncertainty. The fintech giant's decision to downsize has sparked discussions about the broader challenges facing the tech industry and the strategies companies are...
2/22/2024 11:30am NYSE:SQ SQ has been consolidating form the $60 to the $70 range since February 2023. Candle Close above $67.56 looking for targets to the upside. Target1: $75 Target2: $80.47 Candle Close Below $66 looking for targets to the downside. Target1: $62 Target2: $60 Target3: $55
Good structure on SQ. Head and sholders and cup. Massive movement will give a positive report Target ; 1.77 USD 2. 90 USD
idea of this stock will start from passing 80$ to 90$ then to 146$ stop by breaking. 64$
Tracking Block Inc., this has been consolidating in the same range over the last few months and looks to be forming a reversal inverse head and shoulders. Barring any major market shocks, I can see this jumping to the 75-80 range in the next few weeks - as long as they don't shit the bed with their earnings.
SQ - pulling back into buy zone. Wait for around 50ish. Earnings in couple of weeks, I bet this will reach the buy zone before that. If earnings beat with strong forecast, can push this higher. Stop Loss - 40 Long entry - 50-54 Target # 1 - 100 Target # 2 - 130 Target # 3 - 150
Bull Case for SQ ! Fundamentally its a very strong stock that has fair value at 80+ Tehnically there are multiple bullish cases 1) it is bouncing off a fib golden pocket retracement 2) it is making simple HH and HL as per dow theory 3) if it breaks above 72 level then it will be breakout from a very long bear trend Entry @ 73 keep in mind it might...
Price recently hammers off 9/21 cross, ran over 80% on shares in 2 months last time this happened, Williams %R and MACD look poised for an earnings run up on 2/22. Looking for a retest of 9 ma of daily close over strong volume to get long, eying 2/22 $70 calls that closed at $1.75 on Friday 2/2.
hi traders, Let"s take a look at SQ chart on the 4 hours time frame. We expect the price to bounce until it reaches the resistance line. The short position can be taken after It reaches the resistance line. Entry, Stop loss and target are shown on the chart Risk-reward ratio: 4,88
NYSE:SQ has been on a tear recently but is now starting to pull back with the rest of growth names. It looks like it may be forming an inverse head and shoulders here and it's bull flagging. Target 1 = 80 near the neckline for the IHS. Target 2 = 91 top of uptrend channel from November bottom. Target 3 = 103 top of long term uptrend channel in green. Bull flag...
The descending triangle is a chart pattern used in technical analysis. The pattern usually forms at the end of a downtrend but can also occur as a consolidation in an uptrend. A regular descending triangle pattern is commonly considered a bearish chart pattern with an established...