PYPL is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of PYPL could test 75.9573 within the next 7 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Related Posts
After testing the support line numerous times, NFLX is once again approaching this line. Can we expect a bearish trend to follow?
NFLX is heading towards the support line of a Channel Up and could reach this point within the…
PFE – breach of price line that’s been previously tested numerous times before
PFE has broken through a resistance line. It has touched this line numerous times in the last 63…
After testing support twice in the past, AMZN has finally broken through. Can we expect a bearish trend to follow?
This trade setup on AMZN is formed by a period of consolidation; a period in which the price…