Hold onto your hats. We have been trading sideways for quite some time now. As you can see, we are running out of room. We Already have a double bottom and have great support. PayPal is going to push us to the moon, but for now, 40% gains feels pretty good. If you look at my ghost feed you will see we will probably trade in this range until the 3rd week of July; however, I won't rule out a run as early as next week. They may continue to push it down to the lower part of the triangle, but don't be fooled, you can see inside my forecast box that there is greater chance for bullish activity than bearish. Have a happy fourth y'all!
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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.