$PYPL is in a channel now and still drifting upwards and making a higher high and higher low, the price has also managed to stay above the 50 and 200 Day MA on the 1hr chart.
The hard reversal yesterday was a little discouraging considering the momentum appeared to be behind $PYPL finally but the market decided that it was time to let off steam and $PYPL followed.
I am happy with the structure right now but I do not want to see this break down out of the channel below the 50 Day MA and $56.70.
Danielstocks#7923
2023-11-30 20:29:32 +0000 UTC