Block's 15min chart: MACD Death Cross, Bollinger Bands Narrowing Alert Issued

Citigroup

Citigroup Maintains Buy Rating on Block, PT Down to $85 from $105.

Block's 15-minute chart signals bearish reversal with MACD Death Cross, Bearish Marubozu.

Block

Block Expands in Europe with New Dublin Office

Block's 15-Min Chart Hits RSI Oversold, KDJ Golden Cross in Technical Analysis

Catalyst<ul> <li>A recent Marubozu White candlestick pattern indicates a bullish bias for XYZ.</li> <li>Most analysts rate XYZ as Buy or Strong Buy, showing broad institutional optimism.</li> <li>The company maintains strong cash reserves relative to market value.</li></ul>Risk<ul> <li>Technical indicators show bearish signals are obviously dominant (2 bearish vs 0 bullish) for XYZ.</li> <li>Fund flows are negative across all order sizes, indicating outflows.</li> <li>Market expectations for XYZ tend to be pessimistic, with analyst ratings showing differences.</li></ul>

Key Factors

Block (NYSE: XYZ) surged 4.85% on February 6, 2026, driven by institutional buying, with a trading volume of $500 million.On February 5, 2026, Block (NYSE: XYZ) fell 7.05% amid institutional splits and analyst downgrades, with a trading volume of $560 million.Block announced a strategic pivot in Europe, exiting underperforming ventures like Cash App's Verse and Clearpay to focus on core merchant technology.Citigroup maintained a buy rating on Block (NYSE: XYZ) but lowered its price target from $105 to $85.Block opened a new Dublin office to expand its presence in Europe and advance its merchant payments technology in the region.

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