PYPL Rubberband Snapback

PYPL on the daily chart has had 5 consecutive red days, it's last red day was into support of the channel. Stochastics is extremely oversold at 10 and the lower Bollinger band has been crossed. 4-5 consecutive down days, final day into support, extremely oversold, lower Bollinger band crossed = REVERSAL for rubberband snapback to the top resistance of around $94.
Chart looks very weak. When you feel there will be a reversal
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