ARKK is my pick among Cathie Woods ETFs. And I thing SQ is ready to go to upside fueled with its BTC holdings. GOTU and PEGA also shows good entry points if I manage to get them at a good price. Disclaimer: Not a financial advice. Do your own analysis
SQ looks to be about to start a new leg up if it can breakout of its wedge. Sq had a clean close above resistance with increased volume on 10/10/24. It experienced an inside day on 10/11/24 with still elevated relative volume from the prior days break out. Sq rejected at the top of the wedge but did not really show any slowdown of buying just an absorption of some...
In Block's chart, we now consider the low of the turquoise-colored wave 2 to be in place. The same-colored wave 3 should now carry the price out of the magenta Target Zone and above the resistance at $87.19. Only our 30% probable alternative scenario calls a deeper correction low.
SQ is showing accumulation within this broadening structure. We're looking for a higher low to change this bearish trend on the smaller timeframe and then can set up with a stop loss below the support. The current low here could become a partial rise which would give this structure a 70% chance of breaking to the upside as per Bulkowski. We await the higher...
If you haven`t sold SQ before the previous earnings: Now analyzing the options chain and the chart patterns of SQ Block prior to the earnings report this week, I would consider purchasing the 60usd strike price Puts with an expiration date of 2024-8-16, for a premium of approximately $3.72. If these options prove to be profitable prior to the earnings release, I...
SQ recorded significant net buying / accumulation at the current range. Volume has surged 21% over its average numbers conveying buyers positioning in anticipation of technical and fundamental growth. SQ has dramatically overextended its multi year correction from a peak at 283 back in August 2001, a pandemic era. Recent price movement is hinting of a trend...
64.50 above breakout possible trendline breakout possible 21 ema above close move will be strong
NYSE:SQ disc: no position , sharing what happen in the past
NYSE:SQ is a public company that hodls bitcoin. It has over 8000 BTCs, valued close to half billion dollars. So, logically its stock price correlated with bitcoin. When bitcoin price starts moving up, NYSE:SQ will too. Ba patient. Stay positive.
It is making higher highs now and looks stable. It may hit 60 before its leg up for 120. All the best.
SQ is an amazing company with an amazing chart! I bet we breakout of the long trendline soon!
If you haven`t sold SQ before the previous earnings: Then analyzing the options chain and the chart patterns of PSQ Block prior to the earnings report this week, I would consider purchasing the 72.50usd strike price Puts with an expiration date of 2024-6-21, for a premium of approximately $5.25. If these options prove to be profitable prior to the earnings...
Square-parent Block ( NYSE:SQ ) reported first-quarter earnings and revenue that topped estimates, with guidance for Square stock coming in above expectations. Square's earnings for the period ended March 31 were 74 cents per share on an adjusted basis, up 85% from the year-earlier period. Net revenue came in at $5.96 billion, up 19% from a year earlier, including...
I know #sq has #earnings today and as you know I don't trade news so I will be waiting for my levels. It can come there tomorrow or next week or next month. I will be waiting. you can't mess up my psychology. I am ready to miss you #sq #4chaartist
This is over earnings. The 90/95 bear call spread is above the 100 sma on the monthly. The 60/55 bull put spread is below the 100/200 sma on the daily and 100sma on the weekly Simply expecting NOT a huge gap on earnings and allow the IV to fizzle out on this one. Since we are getting $1.00+ on a $5 margin, this is 20% ROR :) Going for 1.02 of credit :-)
If Candle Closes above resistance, we can see 130s by the end of the year! Exciting times!
MNY is a penny stock from Singapore on NASDAQ. With its volume and volatility spiking and a 90 % jump in the past month. It got my attention. For penny stocks and NASDAQ requirements, getting over $ 1.00 is important for several reasons. MNY did it well. I will take a small position in this risky play expecting a great return over the near and intermediate...
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