PayPal Holdings, Inc.
看多
已更新

PYPL - high confluence bounce

270
At first glance this chart is a bit of a mess. There are many intermingling trend-lines, but my eyes are drawn to a falling wedge which I have colored with blue to help it stand out. After some analysis, Friday's (11/8) candle has bounced in a very interesting place. Prior resistance (red line & arrows), a newly confirmed up-trend (light-gray), our blue down trend and the 61.8% retracement.

Decent volume on this bounce, comparable to previous bounces along this trend-line.
RSI appears to be confirming the move.

I think we chop below $102 for a few days but eventually revisit the falling wedge top.
註釋
My 102 comment was a little careless in hindsight.The volume profile doesn't show a lot of resistance until about 102.98.
註釋
As expected, we're at the top of the channel.

免責聲明

這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。