Paypal breaks the Bull Flag since the Covid-19 V-shaped recovery, and has now huge upside potential.
On the Weekly already, we could see the nice EQ zone between 215 & 175 forming, another rejection at the tops & subsequent break would've been preferable, but it's ok.
As long as the bulls can keep the momentum now, we are looking 240 and potentially beyond.
This trade would be invalidated, if we fake-out and come back into the EQ. We have a clear Daily HL at 206 to watch out for in this case:
Happy investing & trading!
On the Weekly already, we could see the nice EQ zone between 215 & 175 forming, another rejection at the tops & subsequent break would've been preferable, but it's ok.
As long as the bulls can keep the momentum now, we are looking 240 and potentially beyond.
This trade would be invalidated, if we fake-out and come back into the EQ. We have a clear Daily HL at 206 to watch out for in this case:
Happy investing & trading!
