Tag: Macquarie
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Oversold Shares of Block Could See Near-Term Upside
Keep an eye on Block Inc. (SQ). After plummeting on earnings, the stock appears to have caught support at $63.55. It’s also now oversold on RSI, MACD, and Williams’ %R, and could pivot to refill its bearish gap around $74 shortly. Other analysts like the stock here, too. Mizuho analysts, for example, have a buy…