Block, Inc.
Long

Support areas after the XYZ sell off

162
Monthly closes provide guidance, measured target can cut through first line of support suggested by the weak two touchpoint upward trendline. Given the entire market is downward at the moment this can easily see the lower end of 60s. Fundamentals suggest recovery on the annual timeframe, maybe even next earning call at least back towards the gap.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.