I am always looking for chart breakouts -up or down. Please consider the chart of-PYPL. 1. Buy Fractal (green box). 2. CHOP line (below chart) sinking out of the shaded area, below 38.2, indicating a new TREND. 3. CHOP ZONE, below CHOP, is green, indicating up trend. 4. The alligator, YOUR COMPASS, is feeding in the uptrend. 5. The Ichimoku Cloud (black) base line and (red) conversion line are both rising. 6. Prices are above both of these lines. 7. The three indicators on top are very strong.
In my opinion, this stock is very likely to move higher. Good luck to you. Don.