Paypal has been one of the famous online method so far.
As can be seen from the historical chart, from Jul 10 to Feb 20, it took about 7 months for a double top to form and
consequently, a considerable correction happened.
Now, from Feb21 - Aug21, it seems the same double top look poise to have another significant correction
MACD also shows a potential bearish divergence just like previous double top
Potential target is around 185 ± 15 dollar
I could be wrong.
This post is just for research purpose, not a buy sell call
As can be seen from the historical chart, from Jul 10 to Feb 20, it took about 7 months for a double top to form and
consequently, a considerable correction happened.
Now, from Feb21 - Aug21, it seems the same double top look poise to have another significant correction
MACD also shows a potential bearish divergence just like previous double top
Potential target is around 185 ± 15 dollar
I could be wrong.
This post is just for research purpose, not a buy sell call