PYPL has dropped 22% from its recent high, wiping out all of its gains since June.If you are one of those who are saying "I missed the boat," well now is your chance. 😂
The current price level of $59 needs to hold, or else we will see a further breakdown. There are no strong support levels below. We could even see the price check back to the lower trend line somewhere around $52-51.
There is also a gap around $45.
Here are the support levels that I am watching for a potential reversal:
$59.64 (current support)
$51-52
$46
$45 (the worst case)
I will post an updated chart once I see the reversal.
Good luck bulls. We need it. Let's pray that it bounces tomorrow and never looks back.
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I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Declinazione di responsabilitÃ
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.