PYPL is once again retesting a key horizontal support level at 89.6500. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Related Posts
NFLX is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.
NFLX is moving towards a resistance line which it has tested numerous times in the past. We have…
Important price line breached by AAPL. This price has been tested numerous times before.
A strong support level has been breached at 199.7100 on the 1 hour AAPL chart. Technical Analysis theory…
BRK.B experienced a very large 41 days bearish move to 491.38
BRK.B dropped sharply for 40 days – which is an excessively big movement for this instrument; exceeding the…