Block with a fantastic setup

4 de jan.

It's hard not to be bullish on Block right now as it breaks out from a multi-year accumulation. On a weekly chart the 200 ma has broken out and held on a retest and price continues to ride the 9 ema. I've labeled some overhead resistances to be aware of and possible areas to take some profits. My personal play is to take off 20% at the first horizontal (120s) and another 20% off at 160s.

7 de jan.

Nota

added shares

10 de jan.

Nota

added more shares... this dip is a gift.

11 de fev.

Nota

pattern failed, i got stopped out for a loss.

há 5 dias

Nota

still basing on the monthly support in the low 80s, just below the one i drew. Square loves to dump right before it pumps, i'm open to that happening again. Long term this is still a bullish chart. I haven't sold, and may add.