ASX:XYZ

Block,

Buy and place the stop loss at $105.67

Block, shares to rally after presentation at JPMorgan conference said the company believes the recent guidance downgrade, which assumes a softening in consumer spending not yet seen through April or early May, remains conservative.

Block, trade is now in play, apply a stop loss at $89.59

Block, will likely find buying support near the $130 price level.