As always, a lot of interest in $PYPL which is why we are uploading this chart every day, a lot of members have $PYPL as their largest position and although there is every possibility that this could reject at the 200 Day MA again at $64, people like the risk v reward set up here and I do not blame them.
I believe the price action will eventually break out of this wedge and above the 200 Day MA but there will be a battle at $64 and above.
I particularly like how the 50 Day MA was held remarkably well and I highlighted this on X today.
Let's see if $PYPL can start the fight this week to capture $64.
Danielstocks#7923
2024-01-16 17:59:58 +0000 UTC