Personally am bullish on SQ here- will be watching closely for a breakout - Sitting right on its 200day EMA - Nearing the oversold range on the 4-hour time frame - Falling wedge on the 1-hour timeframe and oversold on the RSI (See Chart Below) Should pop with buyer volume, (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an...
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...
SQ looking like it wants to at least put in a 3 wave move to the upside. Right now it is sitting above 30 week MA and AVWAP support. Looks like it put in an ABC correction already, and either is going to launch on wave 3, or is looking to put in a 3 wave move to the upside, before more downside occurs. Either scenario and I think SQ is going to be back in the...
Buying at support level with a great 4.55 risk-reward, small volume gap also matches the resistance we are playing. If it breaks the stop loss there's another opportunity at a greater support level, also with a great 6.74 risk-reward
Below 8 SMA and 21 SMA Target 228$ Stop Loss $255
RSI and MACD shows a upward trend while the price shows downward trend. May indicate a trend reversal. Disclaimer: This is not a financial advise. You are responsible for the financial decisions you make.
Wow, where do I begin on this one. It is my favorite dip buy out there right now. I posted a chart a few weeks ago with a bear count of square and what do you know, it is materializing for us to get our hands on these shares dirt cheap. Right now we are looking for our wave 2 bottom, somewhere between the mid 240s and the 220 range. 220 appears to be the...
NYSE:SQ It formed Head & Shoulders on small trend line , it looks bearish at the moment. The only thing bullish are the MA 's
This looks like a Head and Shoulders that’s ready to break to the downside. From a technical perspective there’s a perfect wick off the Golden Pocket’s 0.65 retracements level and has made lower lows on the daily timeframe. Would need confirmation before jumping into any short position, but a go signal would be a break, hold, and close below the (yellow)...
Square has completed 3 waves for wave A and 3 waves for wave B and is now beginning its correction as wave C. The whole correction could either be a WXY or an ABC for a flat correction. Regardless, Square is expected to retrace sub 200 to at least the 195 level and if it is still bearish, will correct to the 153 level afterwards.
NYSE:SQ I am looking for a Head-Shoulder pattern to be formed with a break out to the Demand zone before moving up.
SQ looks weak here, it would be good to book some profit and buy back again below $245
$SQ - Pennant formation, look for Calls above 270 or puts below 263
The market is currently favoring new growth names as it beats down the '20 growth name but this one is still holding up very well. We are seeing a cup and handle pattern as well as a VCP-sh type pattern in the base which makes me very bullish. There isn't much overhead supply in this name and it has been in somewhat of a consolidation period for all of '21. We are...
Nice little $SQ pivot to manage risk against. Its been consolidating pretty much most of 2021 & looks to be putting its final pause before the breakout.
This is a potential bear scenario heading into Sell September. If this occurs the wave 2 at 100% extension will be a screaming buy as next leg up send SQ to the moon