$PYPL TOP 20
Added 2024-01-08 15:58:32 +0000 UTCNice continuation on Friday after bouncing on the 0.618 Fib and the price has broken above the 200 and 50 Day MA now.
The 50 Day is at $60.80, so finishing above this level for the day will be a nice set up for the rest of the week to keep pushing higher.
The battle ground will be between the red line at the previous high which is $64.11.
I believe $PYPL can break out of at this resistance but the risk is still here until it does.
I believe many buyers will come back to $PYPL too when there is a clean break out and retest, so there will be another opportunity to buy then too.
For now, we do nothing and just watch how it attempts this resistance level next.
