Founded in 2009 and is headquartered in San Francisco, California, Square, Inc. provides payment and point-of-sale solutions in the United States and internationally that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.
SQ options are a traders favorite with expirations weekly in increments of $1.00 and worthy of some 5, 10, even +20bagger gains.
2020 Range: (32.33 – 247.00)
2020 Close: 217.64
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Weekly Chart
Daily Chart
5 Day Chart
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Pivot Points
(updated weekly after Friday’s close)
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 14 Day RSI at 80% | 333.20 | |
| 13-Week High | 283.19 | |
| 52-Week High | 283.19 | |
| 14 Day RSI at 70% | 278.06 | |
| 1-Month High | 265.30 | |
| Last | 261.65 | Last |
| 248.11 | 38.2% Retracement From 13 Week High | |
| 241.16 | 38.2% Retracement From 4 Week High | |
| 237.27 | 50% Retracement From 13 Week High/Low | |
| 233.94 | 14 Day RSI at 50% | |
| 233.70 | 50% Retracement From 4 Week High/Low | |
| 226.44 | 38.2% Retracement From 13 Week Low | |
| 226.24 | 38.2% Retracement From 4 Week Low | |
| 1-Month Low | 202.10 | |
| 196.45 | 38.2% Retracement From 52 Week High | |
| 13-Week Low | 191.36 | |
| 169.65 | 50% Retracement From 52 Week High/Low | |
| 14 Day RSI at 30% | 152.89 | |
| 142.86 | 38.2% Retracement From 52 Week Low | |
| 52-Week Low | 56.12 | |
| 14 Day RSI at 20% | 51.57 |
10 Day / 15 Min Chart
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One day you will wake up, check your phone and see futures down 1-2%. You think they will go green but they dont. The market opens and starts cascading down. The dip is bought as a Pavlovian response yet we sink further. Everyone realizes “this is it” and heads to the exit….
