zalanmeggyesi

Turning off of the 200MA

Long
NYSE:SQ   Block, Inc.
After the last week's big selloff, continuing into Monday, the recent jump got the stock above the 200MA, which was tested back yesterday. This, along with the strong fundamentals and the upwards-corrected outlook, indicates a reversal of the trend with resistances around 70USD, then 80, looking at an almost 20% uptick in the coming months.
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