PYPL, mid term bearish correction
Paypal has been one of the famous online method so far.
As can be seen from the historical chart, from Jul 10 to Feb 20, it took about 7 months for a double top to form and
consequently, a considerable correction happened.
Now, from Feb21 - Aug21, it seems the same double top look poise to have another significant correction
MACD also shows a potential bearish divergence just like previous double top
Potential target is around 185 ± 15 dollar
I could be wrong.
This post is just for research purpose, not a buy sell call
As can be seen from the historical chart, from Jul 10 to Feb 20, it took about 7 months for a double top to form and
consequently, a considerable correction happened.
Now, from Feb21 - Aug21, it seems the same double top look poise to have another significant correction
MACD also shows a potential bearish divergence just like previous double top
Potential target is around 185 ± 15 dollar
I could be wrong.
This post is just for research purpose, not a buy sell call
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.