Paypal is now testing the bottom of its channel. I also see a weekly divergence on the MACD and the RSI.
It should soon head towards a price target of about $70, and after a little consolidation, it might test $90.
Given the divergence on this stock, if a trend reversal is confirmed this stock could try to reclaim its main price channel and get to about $130 in intermediate/long term.
It should soon head towards a price target of about $70, and after a little consolidation, it might test $90.
Given the divergence on this stock, if a trend reversal is confirmed this stock could try to reclaim its main price channel and get to about $130 in intermediate/long term.