PaperBozz

$PYPL - Watch $60 area for a potential reversal

Long
BATS:PYPL   PayPal Holdings, Inc.
PYPL PayPal broke below the trendline. The $60 area could provide strong support as it is the convergence of the VWAP, 50% Fibonacci retracement, and the 200-day moving average.

Watch $60 area for a potential reversal.

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