PYPL – Weekly Chart | Open DiscussionWeekly structure resembles a possible Head & Shoulders.
For now, my primary downside target is ~$56, which is the neckline and it lines up with key horizontal support.
The big question:
• Hold & bounce from $56?
• Or lose it and confirm further downside?
No prediction — just outlining scenarios.
Curious how others are reading this level.
#TechnicalAnalysis #Charts #Trading #Investing #SwingTrading #MarketStructure #SupportResistance #HNS #Trend
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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.