PYPL is heading towards the support line of a Rectangle and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
PYPL – approaching a support line that has been previously tested at least twice in the past
