$CRWD $SQ $TEAM $NFLX I OptionsSwing WatchlistCRWD 4H I CRWD is still testing ATH levels near $290. Our scanners picked up more activity betting on a break to $310 before 11/19. CRWD average price target is $315.
SQ 4H I SQ filled the gap last week and the OS ALGO SQ $250 calls we highlighted on our watchlist went from $3.85 to $15.50! Or a 300%+ play! Seeing support near $250.
TEAM 2H I The OS ALGO TEAM $410c 10/22 contracts we highlighted last week ended up going deep ITM. TEAM is reporting earnings on 10/28 after hours.
NFLX 4H I NFLX outperformed the market after beating earnings. Its average price target is $677, and we are starting to see a bearish divergence on the RSI.
SQ
Square Analysis 21.10.2021Hello 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.
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Thank you for watching and I will see you tomorrow!
$ROKU $SQ $TEAM $MSFT I OptionsSwing WatchlistROKU 4H I Our scanners picked up an interesting trade before market close on Friday. ROKU $325c 11/12, it was a $500K trade. Setting an alert on a break from the trend.
SQ 4H I There is a mini gap to fill from $252.75 to $255.50. Our OS ALGO picked up bullish activity on SQ $250c 10/22 @ 3.85 before market close on Friday.
TEAM 2H I Possible ascending triangle pattern on TEAM. Retesting 52 week high levels amid strength in the cloud sector. Bullish OS ALGO activity on TEAM $410c 10/22.
MSFT 2H I After a strong move on the cloud sector the past few days, we are seeing MSFT back to testing ATH levels near $305. Watching for a breakout above $305.80.
$FB $SQ $BA $BABA I OptionsSwing WatchlistFB 2H I Watching FB for a breakout from this downtrend. Its trading nearly 15% down from ATH levels, after beating last ER. Reports on earnings on 10/25 AMC.
SQ 4H I SQ dipped last week to later recover and hit our pt at $250. The SQ $245c 10/08 calls we highlighted went from $2.87 to $7.35! Expecting a pullback to $230 now.
BA 1D I Expecting BA to break the $230 level and head to $250 before earnings on 10/27. Bullish activity has been betting on a breakout from this downtrend.
BABA 1D I BABA is finally bouncing and running up into earnings on 11/04. Its up 12% from our entry last week and we expect BABA to hit $175 before earnings.
WATCHING $SQ for 192- Analysis & Key levels WATCHING $SQ for 192- Analysis & Key levels
There is lots of bearishness happening in this chart on a larger scale. SQ was rejected at the resistance at 290 and has travelled back down toward the 50MA… and even though it did bounce off of it, I believe there are enough bearish technicals to bring this under and toward correction territory.
The Weekly MacD is still positive, but falling. A break below the centerline would be a signal of a much larger corrective move.
Currently no position, but watching for entry.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you.
My average is in Grey
Red = Resistance
Green = Support
Blue = trendlines
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
Are we on a relevant bouncing level on ARKK? Today we will take a look at Cathie Wood´s flagship, ARKK.
Main elements of the chart:
a) The price is against a resistance level + Lower trendline of the flag pattern (bigger white structure) + Lower trendline of the inner descending channel.
b) Generally speaking, every time we find this level of alignment between technical elements, we tend to observe good reactions.
c) So, should we BUY? No, remember that you should always use confirmations or filters before taking action. In this case, we want to see a bounce + small correction on the edge of the inner descending channel. If that happens, we can think about trading towards the higher trendline of the flag pattern (bigger white structure)
d) What are the targets I can expect? We have two to propose. The first one is the higher trendline of the Flag pattern, and the second target is the resistance level at 130.00
e) Speaking about duration, we can expect a 50 to 70 days movement for a full movement like the one we are expecting
f) We also have defined a red horizontal line that represents an invalidation level for this analysis. That means that we will assume that the price broke the current level, and we should expect bearish pressure until the next support level.
Thanks for reading!
$AAPL $SQ $TSLA $BABA I OptionsSwing WatchlistAAPL 1D I Watching AAPL for a breakout from this downtrend on the hourly. Expecting a breakout and run up into earnings days before reporting on 10/28.
SQ 4H I Possible bullflag on SQ expecting a bounce above $230 to possibly test $250+. Last Friday bullish activity on SQ $245c 10/08 @ $2.87 was picked up.
TSLA 4H I Watching TSLA for a break above $800 or a bounce above $760. Tesla delivery numbers that came in last week were higher than expected.
BABA 1D I BABA is down 50% from ATH levels reached back on 2020. We have a bullish divergence on the RSI, and will most likely see an ER run up from here.
Square, 30 SEP - Elliott waves | Gann | Astrology $SQSQ was rejected precisely at Gann level 267 and dropped towards Gann level 235, giving us a nice profit.
We can count 5 waves down (green count) and, if correct, may expect a retracement, especially if Bitcoin continues to climb.
An idea could be to reduce short exposure on Gann level 235 in case Bitcoin pushes higher and SQ correlates.
The 50-60% retracement area (blue box) is a zone where sellers could step back in.
Should price drop further from here we may look at the next Gann levels for potential supports:
- 220, also (a)=(c) equality
- 206
- 192/195, also 1.618 extension of wave (a)
The 30-day Implied Volatility has risen to 42, reflecting the strong expansion of movement that is unfolding. Rising yield helps traditional banks but fintechs may run into difficulties to re-finance themselves and therefore often rather correlate with other yield-sensitive tech stocks.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
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These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
SQ just hit 50% fib level.Another popular twitter stock. just hit an area where sometimes we see new moves come out of.
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If you look at the volume bars where it broke the double top's previous high, you can see it was way higher than typical. This could actually be a sign of exhaustion. Actually I am a little conflicted on this stock now. Probably just wouldn't trade it.
Analysis of the current situation on SQToday, we will take a look at Square INC.
a) The price has been inside a corrective formation since February 2021
b) On August 2021, we saw the first attempt of a breakout, and since that movement, the price was not able to make a new ATH
c) Currently, we can see an ABC pattern on the edge of the previously broken structure
d) What to expect from here? -If the price makes a new ATH, we will confirm the bullish movement towards the targets drawn in the chart. Please pay attention to the cloned channel as a possible reaction level.
e) Let's assume the price is not able to make a new ATH, then the answer is pretty simple, "THERE IS NOT AN ACTIVATION LEVEL" (sorry for shouting). This is important to explain because inaction is a position itself. If the pride doesn't follow what you planned, you stay away from the market.
f) Invalidation levels ALWAYS below C (of the minor correction)
g) A movement like this can take between 150 to 200 days to be completed (if everything goes as planned, of course)
h) Remember: NEVER risk more than 1 to 2% of your capital on the stop loss of any setup.
Thanks for reading!
Square - Elliott waves | Gann | Planetary Aspects $SQSQ has topped out on 5 AUG, perfectly closing at Gann level 284. Price has since formed a series of corrective ABC patterns and bounced off the 20 week MA on 13 SEP.
Square is currently approaching Gann level 267, with the 5th wave coming to completion (green count). The blue box is also the 50-60% retracement area of Wave (a), where sellers may step in.
If SQ stalls in this area, we may prepare ideas for the next short exposure to participate in wave (c). A target could then be Gann level 206. (Wave (a) encompassed 3 levels, wave (c) may encompass 4 levels to complete 7 Gann levels, the cycle number).
Correlations: BTC performed a bullish reversal after completing 5 waves down. Two constellations on 22 SEP, Sun square natal Venus and trine natal Jupiter, promised an expansion of bullish volatility and we were not disappointed. However a retracement is due and that may potentially give us wave (c) in SQ.
If BTC continues to rally, a drop in SQ becomes more unlikely and we may see a phase of contraction instead.
As major stocks are completing a wave B, markets are likely to remain choppy and volatile before we see the next move unfold.
______________
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand (momentum), and to use options premium decay for consistent income when markets may contract (range).
Get a 14 Days Free Trial: www.constellations.trade
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STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
These abbreviations in the chart are ideas provided as educational information and do not constitute financial advice.
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
SQUARE Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
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The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
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There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
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Let's get into some stock trades #1 - SquareHas been consolidating for quite some time after a big move up. Clearly it's trend is still up with tons of upside left. Square is a pretty revolutionary company and it is definitely feeding of the banking sector. Not much to say about it other than the chart is looking great. Might take a little time to take off because of the way the chart is structured, but I doubt this huge consolidation is distribution and not re-accumulation
$SQSQ reported second-quarter 2021 adjusted earnings of 66 cents per share, beating estimate by 106.3%.
Further, the figure rose 266.7% year over year and 60.9% sequentially.
Net revenues of $4.68 billion improved 143% from the prior-year quarter.
However, the figure declined 7.4% from the previous quarter and missed estimate of $5.02 billion.
Year-over-year revenue growth was driven by strong momentum across the Cash App ecosystem, which contributed $3.33 billion to net revenues in the reported quarter, up 177% year over year.
Solid momentum across bitcoin was the key catalyst. Without bitcoin revenues, net revenues would amount to $1.96 billion, up 87% year over year.
Strong growth in transaction, subscription and hardware revenues contributed well to the results.
But there’s no question about it, SQ has incredible fundamentals.
From the technical side of things SQ is still very bullish. It’s currently sitting in a nice channel on the daily and if price holds we could see a new ATH on the cards.
Price above, 50, 100 and 200 MA
MACD sitting above 50.
Keep this on your watchlist.
- Factor Four