Get started
Blockunity

Paypal - Heading for a new bull phase?

Long
PayPal Holdings, Inc. (NASDAQ:PYPL)  
Blockunity Updated   
NASDAQ:PYPL   PayPal Holdings, Inc.
Trend Analysis Chart Patterns Technical Indicators unyx unyxdata blockunity paypal paypalstock paypalbuy Falling Wedge wedgepatterns wedgeformation
18
1
trendanalysis chartpattern indicator unyx unyxdata blockunity paypal paypalstock paypalbuy fallingwedge wedgepatterns wedgeformation
Paypal's stock price seems to be forming a nice bullish chartist pattern, a falling wedge, which has been going on since the beginning of the year. If resistance is broken, PYPL could return to a nice uptrend, after numerous DCA buy points have been given by our "Magic Bands (PMB)" indicator.
Comment:
PayPal had finally broken down its chartist pattern. Today, the price is back touching the old support. Will this level provide resistance, or is it just a fake out and the pattern will be reintegrated?
Blockunity
blockunity.io/
unyx-data.com/
contact@blockunity.io
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.