it is bottom of the trendSo this is can be the very good buy point i guess. But coin prices very challenging for this stock.
SQ trade ideas
Today is the critical day for SQI am not a expert and just a recommendation.
This is the critical day for the Square, the previous 5 days looks accumulation to me. If its the accumulation then is must break out from this point.
If its not that it must fall from that point.
This is not stock buy and sell recommendation. This is just for technical educational analysis.
I will watch volume today.
SQ breakout and speculation The chart is looking nice for SQ to breakout. The big thing in this play is also the rumors for SnP inclusion. If SQ is included, it will undoubtedly go to new all time highs. SQ defended the fib intraday as well.
SQ:NYSE - SQUARE INC - Trending nicely. Might be good for 2021. Square has been having a great run post covid up around 400% or just over 230% for the last 12 months. Good chance they will be one of the better performers through 2021 especially if retail and other consumer oriented services begin to recover. Worth a watch.
SQ Rising WedgeMacd is bearish, OBV is bearish , And Showing a rising wedge pattern. Held support (yellow line) at 225 and thats the only good news for this stock.
Description
White lines- Daily channel
Yellow lines - Secondary trend
Redlines - Short Targets
Green line - Channel top, short term target ( Can rise with bitcoin)
Square vs Paypal I own both Square $SQ and Paypal $PYPL. I've identified some demand levels where I would buy more Square than Paypal. The yellow shaded area are Square demand zones. The top line of these levels is my entry point to buy more Square than Paypal.
SQ: Added this once again right before close.Bitcoin is headed for brand new all time high. This can happen while mkt will be closed this coming Monday (MLK). Nonetheless, Blockchain technology is getting some attention and just few banks are applying this. SQ and PYPL are smart enough to adapt to this new secure way of transactions.
Have fun.
sq ideait seems that sq can not move uper than than resistance line
you can also see that in there few days price range on the trend line and finally it went down the price line.
we will see in next few days that price go down and pull back to that resistance and go down to support line and range there until some thing special happen. othetwise we can expect that price stays there or probably fall again to down resistance line.
Blue lines are daily (support and resistance lines)
Black lines are weekly (support and resistance lines)
Note to everyone: this is not a signal to buy or sell
I just share my idea
So do your best by make best decision
I hope you have profit trade
SQ short-term play for week of 1/11Workshopping an idea for SQ next week. Volume seems consistent for the latter half of this time frame, TSV is over the 50% line, RSI is on the high side, but still in the comfort zone. The three moving averages came pretty close together, could be signaling a bigger move on a longer scale. ATR is headed down, which may be showing that short term major price fluctuations are settling down, which to me says it will be a steady ride upward.
Idea may be updated during the trading day ahead.
Square breakout to $300!Square is looking like it is about to break out of the funnel to $300! MACD with a sharp incline.
SQ Square Inc $234 Potential Entry Level.
Please take note of the rising trendline (red) , thats the next roadblock.
A move above should bring us back to $243 before hitting Mid Channel.
best trend channel in the market! congrats SQ. curling rsi and a break 230 will send SQ flying to 250 next week, will be adding small size on calls soon. long 230 stop loss 215 and target 255, then switch to puts! goodluck :)
SQ, Higher HighStock bounce from its support yesterday and today showing some momentum. It's making higher-high, MACD &RSI both showing the bullish signs from a technical perspective.
Please consider senate election news catalgy as an impact on the over the market.
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational purposes only. All advice is based on technical and my own opinion.
