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.