$PYPL TOP 20
Added 2024-02-01 15:17:18 +0000 UTCA wedge has been forming here as the price consolidates amongst the market volatility, there also appears to be a battle going on around the 200 Day MA and the red trend line, I suspect the price will get tighter into the wedge as it leads right up to the earnings date on the 7th of Feb.
Holding above the 200 Day MA will mean holding above the red trend line too, so this is the least I want to see until earnings are released.
A breakdown of this wedge and $PYPL will need a stellar earnings to turn this around again.
Comments
Trading volume is really low today, hopefully it's running out of sellers and will turn up soon.
Danielstocks#7923
2024-02-01 16:48:45 +0000 UTCJust broke down .618 FIB
Brian
2024-02-01 15:55:39 +0000 UTC
