Block is another company that is up against the upper trendline of the channel. The measured move for a breakout is $80. However, it will have to break through the VWAP and 200DMA combined resistance around the $68 to $70 area.
Targets: $71 $75 $80
Support: $62 - $60
As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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