XYZ has pulled back to historical support on the charts

Fintech stock Block Inc (NYSE:XYZ) is up 1.6% at $80.45 at last glance, enjoying a 23.1% gain since the start of the year. The shares staged a sharp pullback last week, extending its fall from an Aug. 27, 52-week high of $86.90, though the 80-day moving average swooped in to keep losses in check.

Plus, per Schaeffer’s Senior Quantitative Analyst Rocky White, XYZ has traded within 0.75 times the 80-day moving average’s 20-day…