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
Get this week and next week’s SQ Options Trade Forecast view by clicking here
Weekly Chart
Daily Chart
5 Day Chart
Get the SQ Monthly and LEAP Options Trade Forecast view by clicking here
Pivot Points
(updated weekly after Friday’s close)
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 14 Day RSI at 80% | 356.51 | |
| 14 Day RSI at 70% | 297.22 | |
| 13-Week High | 289.23 | |
| 52-Week High | 289.23 | |
| 1-Month High | 268.17 | |
| 263.90 | 38.2% Retracement From 13 Week High | |
| 256.08 | 50% Retracement From 13 Week High/Low | |
| Last | 253.06 | Last |
| 250.88 | 38.2% Retracement From 4 Week High | |
| 249.78 | 14 Day RSI at 50% | |
| 248.25 | 38.2% Retracement From 13 Week Low | |
| 245.55 | 50% Retracement From 4 Week High/Low | |
| 240.21 | 38.2% Retracement From 4 Week Low | |
| 236.46 | 38.2% Retracement From 52 Week High | |
| 1-Month Low | 222.92 | |
| 13-Week Low | 222.92 | |
| 220.17 | 50% Retracement From 52 Week High/Low | |
| 203.87 | 38.2% Retracement From 52 Week Low | |
| 14 Day RSI at 30% | 197.97 | |
| 52-Week Low | 151.10 | |
| 14 Day RSI at 20% | 133.20 |
10 Day / 15 Min Chart
—–
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….
