PYPL (PayPal) is currently trading at the bottom trendline of a descending wedge, which suggests the possibility of a reversal in the near future.Furthermore, there is a bullish divergence on the MACD indicator, and the RSI is curling up.
Here are the upside targets:
$60
$64 (strong resistance)
$72
$79
Downside risk:
$51
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.