I'm horrible at earnings. Square seems to gap up on earnings. I'm setting a tight stop limit in case it gaps down. Earnings is August 2 at 10 PM. I took a small position size on this one.
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
Looks like the $26.50-$26.60 is a zone of support, with overhead resistance at 27. Also not helped by the inverted hammer at the top of the trend before the reversal.
Square $SQ broke out of a small base in direction of the long trend, coupled with very strong volume. A pullback into the buy area would see me buy some of this stock; target is open depending on how price acts, not as shown here.
Tradespoon model generated Long signal with 90% prob close above $24.52 today
SQ had a great run. Might be on a wave (iv) of 5. I expect one last push to new highs, then correction.
About to enter long term positive blue trend line, keep your eyes open! NYSE:SQ Long at 18.40
strong accumulation -- buyout rumors. Follow the trend.
Possible flag break out post earnigs move