PayPal has corrected massively from its 2021 high ($310) to around $66, sitting exactly on a multi-year ascending trendline that has held since 2016.
Bullish Case:
• Holding above $60–65 keeps the structure intact.
• Upside targets: $85 → $110 → $140.
Bearish Case:
• Losing $60 opens the door to $45 and possibly $35.
Conclusion:
PYPL is testing a “make or break” zone. Staying above this blue trendline could mark the start of a multi-quarter recovery.
Bullish Case:
• Holding above $60–65 keeps the structure intact.
• Upside targets: $85 → $110 → $140.
Bearish Case:
• Losing $60 opens the door to $45 and possibly $35.
Conclusion:
PYPL is testing a “make or break” zone. Staying above this blue trendline could mark the start of a multi-quarter recovery.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.