The movement of PYPL towards the resistance line of a Falling Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Related Posts
Important resistance line being approached by BABA. This price has been tested numerous time in the last 55 days
A Rising Wedge pattern was identified on BABA at 120.6, creating an expectation that it may move to…
NVDA seems to be on its way to resistance – a possible opportunity?
NVDA is moving towards a resistance line. Because we have seen it retrace from this level in the…
A possible move by BIDU towards 85.2221
This trade setup on BIDU is formed by a period of consolidation; a period in which the price…