SQ LongTrendline break + retest 11/4 16:00 ET earning Entry 247 Stop 242 Target 270 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account. Longby PlanTradePlanMMUpdated 4
Square, 22 Nov. Levels to WatchSQ 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 correct. Geometry: The .65 fib is marked with the blue box. The 1.618 extension of wave (i) is located here, as well as the 222 Gann level. The pitchfork support is located lower towards 210. Gann: Support: 222 and 193 Resistance: 253 How I trade it: A move above the pitchfork median at 234 would indicate that bulls try to be back in control. An entry above the pitchfork median keeps a potential re-accumulation chop below us, and we protect ourselves from a premature entry that could go wrong.by UnknownUnicorn122503172
SQ (Bearish)From this chart a falling flag is clearly being portrayed. With highest resistance being $289 and SQ trading right at support, a break of that support can lead it to fall down to another stronger support level it has retained ( blue horizontal line ) . Looks ready fall and rsi is low too. If it doesn’t, will most likely trade within the flag, but a move downwards at around $190 might be coming.by AJ_1506112
$SQ - Inverse cup & handle ? watch for puts below 223$SQ - looks like Inverse cup & handle formed, also weekly loosing 50ema, I am watching for puts below 223 Shortby SrjInfinity2
SQ looks to go Pypl route🐻1.Broke primary trendline 2. 200sma an 50sma Near deathcross on daily 3. No significant support till 191 fibonacci If we fall through 191 That would be a huge double to that could take us to 130. I know 130 seems extreme but if I'd told you Pypl would be 190 2months ago would you have believed me? lots of selling going on with the big payment stocks Mastercard Visa Pypl SQ Shortby ContraryTrader2214
Head and Shoulders at the Midway point of Trading RangeOn the weekly we are currently closing below the 55 week moving average and potentially double topping while on the daily we are trading within a range potentially creating a Head and Shoulders pattern that if broken would likely take us to the bottom of the range. If after making it to the bottom of the range we break through, we can then begin to target the much bigger target of the weekly double top that can take us down to $120 or even lower but to be conservative lets say $120. I believe that payment processors are in a position of weakness and that we will see many pullback over the coming months. For more on this you can view my idea on Visa in the related ideas section.Shortby RizeSenpai5
SQ might reverseSQ has fallen to a to a support a level and looks to reverse. It is currently in a squeeze and may be looking for a big move soon. Breakout: $240 Price Target: $253 Price Target $260 Stay on the look out for a potential double bottomby christianmartin4746Updated 4
Square Analysis 16.11.2021Hello 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. If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button. Thank you for watching and I will see you tomorrow!03:52by basictradingtv101034
LONG SQ 20+% returnsAnalyst expectations weigh significantly on this company and momentum has climbed after previous analyst revisionsLongby adamvibeo5
SQ may give an opportunity to go longI 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 TP. If I am triggered in but the trade goes against me, my exit would be at $214.35 Happy trading! Longby The77CycleTrader3
SQ - Bounced from support levelSQ - Bounced from long support level RSI above 30 - Bullish ADX - above 20 ( always >25 is bullish) MACD - will be turning to +veLongby Tweezer_Karanam4
SQ looking to bounce hereAll signals looking bullish id like to grab a few cheap swings here and hold before thanksgiving, whats everyone thinking? Longby nio_to_da_moon225225
SQ long neutral short analysis sq below all the moving averages. below 100 and 200 day EMA (exponential moving average) Momentum looks to be bearish. Bullish case, we can see a bounce from $225-$220.00 Volume profile is wide until $212.00. Big funds looks to add at a discount. Neutral case However in the short term i will be looking to see if $225.00 breaks with volume to catch a 10 point move to $210.00 Bearish case $210.00 and $200.00 is the biggest support zone, if that is broken with volume we can see a change in trend until than this stock can tade in a range. However below $210.00 we can see a drop down to $160.00 -$150.00 by GSAFinancialConsulting2
$SQ - not liking price actionThis one has been sitting out of the rally, that isnt good. Notes on chart - but it appears that it is likely this is still looking for the primary 2 bottom. I will be a buyer again around 205. Beneath 191 and top was in - hello bear marketby btwice53190112
SQ Diamond TopSQ diamond top. Broadening price action formation into a contracting one after a significant upside run. While I do like Square long, price action in the short term is determined by the psychology of buyers and sellers. Trying to make sense of price action moves in the short term using fundamental analysis will make absolutely 0 sense. You can't argue with that. Diamond tops are one of the highest conviction reversal patterns. That bearish RSI divergence doesn't help. A death cross of the 50/200 MA is a possibility after worse than expected Q3 earnings despite significant YoY growth across all metrics. I'm looking at two different anchored VWAPs, one at the start of the long term impulse wave, and one a year out after strength started to taper off. I wouldn't mind getting a discount. by jjmatsjr1
Square Analysis 10.11.2021Hello 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. If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button. Thank you for watching and I will see you tomorrow!03:51by basictradingtv2226
Quick review on SQThe red circle was the formation to be cautious for a reversal. anyone going long might have gotten trapped because they did not seek confirmation. Red line, which also aligns with the 50 SMA was the level to hold. the Red arrow pointing showed the confirmation of SQ breaking down. when will SQ stop dropping ? who knows but if my levels are accurate, we may see some accumulation starting around 208-215. by miguelsique1
SQ AnalysisNYSE: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. Longby vino88Updated 222
Falling Wedge- Bullish - UpdateNice falling wedge on SQ's hourly timeframe- Just posting a quick update as SQ is still looking very interesting here- will be watching closely for a breakout from this wedge here (broader market conditions permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish - Bullish divergence on the RSI - MACD Cross - Ascending Triangle Forming on the Daily Timeframe (See Attached Chart Below) - Sitting on its 200-day EMA on the Daily Timeframe as well PT1- $239.71 PT2- $243.06 PT3- $244.66 PT4- $246.51 Daily Timeframe- Previously Charted- Longby jacobosiason76
SQ reversal at $230 SQ is still in the wedge/pennant. $230 is looking to be where this reverses. looks good so far. Would have to break above $274 to see $294 by dbar0935
SQ long to 300+Very rough draft EW analysis... with ERs out of the way, it pulled back to this buy zone (Wave 2 intermediate, 200sma, Trendline support, and daily demand)! Very good r/r here, could play this with a SL below 235 PT1: 273 (SUPPLY) PT2: 299 PT3: 340 Happy Trading!Longby stockmankam118
Square Ponzied - Jack Pump - Silicon Valley Sham - BTC No NeedThe 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 #CBDC!!! bye bye middlemen payment platforms!!!!! $FB Libra Anyone?? nasty. META? nice try Zuck!! We remember. Go Gary G! Thanks for #digidollar #CBDC JPow & company. lol The #metaverse is real. Go Brave Browser!!! $BATX #cannabisreform #thegem Jobs & Justice Akerna $KERN has the COMPLIANCE DATA SOFTWARE!! GLShortby EpicEconomics111