PYPL was identified at around 68.01 having recently rebounded of the resistance on the 1 hour data interval. Ultimately, the price action of the stock has formed a Falling Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 64.2098 level.
PYPL – approaching a support line that has been previously tested at least twice in the past
