The movement of PYPL towards the support line of a Descending Triangle is yet another test of the line it reached numerous times in the past. This line test could happen in the next 8 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Related Posts
It’s time to make a decision on BRK.B – its recent breach of 500.4800 could be a sign of a new trend to follow.
BRK.B has broken through a support line. Because we have seen it retrace from this price in the…
XOM – approaching a support line that has been previously tested at least twice in the past
XOM is approaching the support line of a Channel Down. It has touched this line numerous times in…
If you’re short PYPL you should be aware of the rapidly approaching level of 72.0900
The price of PYPL in heading back to the resistance area. It is possible that it will struggle…