Block, Inc.Long
Block (SQ) is looking at a potential bullish break to the upside
Block SQ is looking at a strong bullish break to the upside after long-term MACD is looking at a return to the upside, momentum is strong as well. Volume is strong and DMI is looking at a confirmation of the bullish uptrend,
Furthermore, weekly chart shows clear break above the weakened resistance level. Also, bullish closure above 200-EMA confirms the upside.
Weekly chart:
SQ is looking at a strong bullish break to the upside after long-term MACD is looking at a return to the upside, momentum is strong as well. Volume is strong and DMI is looking at a confirmation of the bullish uptrend, Furthermore, weekly chart shows clear break above the weakened resistance level. Also, bullish closure above 200-EMA confirms the upside.
Weekly chart:
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