Post-Earnings Contrarian PlayThe price fell hard after earnings announcement. It can easily reach $60 or even $55, especially with current market conditions. Most tech stocks keep falling on a daily basis. However, BLOCK is a solid company and the valuation becomes more attractive as the price falls. We should also not forget, that the company is in the top 10 list of companies holding BTC. I will keep an eye on this and if the price clearly breaks the trendline, then I will jump in. It is way oversold, but the same happened in TTD a week ago when the stock fell more than 30% post earnings and it keeps falling.
I would be happy to discuss on this.