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Block (Square) reversal incoming
Block, Inc.
Long
Block (Square) reversal incoming
By decaro
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Jan 9, 2022
3
Jan 9, 2022
Price may dip as far as the high 110s before reversing, if this channel holds.
The present sell-off is induced by the tightening Fed policy amid persistently high inflation and the crypto selloff of late 2021, early 2022.
2021 also saw an avalanche of insider selling.
Chart Patterns
Trend Analysis
decaro
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