Have a limit buy order for x10 $55 April calls for 1.75. My plan is to catch a bounce off the 20 day ema on the daily and the 50 day ema on the 4H.
Rinse and repeat from last month. My target to buy back the call is >= 50% return ($0.75 or lower).
Looking for some puke orders to re-enter a long position with SQ :D
The overall market finally pulled back bringing most stocks with it. I expect SQ to trade lower with Feb 2's candle. If we make it down to the 100 day SMA and/or the lower trendline, I will buy more shares. This would require support to fail at the 50 day moving average (SMA or EMA). Play the bounce accordingly as well if we trade down to the 50 day SMA or EMA...
If we have a pull back, $43 would be a great support to buy on the hourly chart. In the meantime, buying off the 50 day EMA on the hourly time frame would be a great idea. Here is the hourly chart:
With the last two days candles making a tweezer top and almost a tweezer bottom (missed it by a nickel). This could signify pressure building in either direction for a quick bracket swing trade bearish or bullish whichever triggers first.
SQ has had a nice pullback from the 50s down to 50sma . its oversold now. it looks to be starting a bounce with stop under 50sma
SEAS announces earnings on 11/7 before market open, with an implied volatility of 71%, which is at the upper end of its range over the previous 52 week period. The November 17th 11 short straddle is paying 1.37 at the mid with a comparable iron fly probably not paying enough to make it worthwhile (less than 1/4 the width of the longs). CTL (implied volatility of...
SQ nice consolidation after flat top breakout last month. we have now been in range for last 3 weeks breaking over the 29 spot. if we can close above 29 think this can be a multi day hold with a 1 dollar stop.
This should be self explanatory. SQ has stuck with a strong positive trend with plenty of volume. If earnings are great, which they are expected to be, this has lots of room for growth. NYSE:SQ
I think we either pull back to support or break bullish during the upcoming week, volatility is very low...I like SQ now for long term but i love it down at 8.14
This may be another "cool hype runner"...big lockup expiration coming in June ..Jack D runs this and TWTR and you know what happened to TWTR's stock price. Good product but Young insiders..negative earnings etc etc. If there's going to be selling into the lock up expiration it may have already begun. Worth trailing.