Hello Traders,
I am looking closely at PYPL as well as SQ in the coming weeks...PYPL is looking interesting sitting on some heavy support/resistance area...It has tapped the 20MA once and is retesting again today with the premarket move up...We have upside potential to test the 50ma with is a 32% gain BUT there is also a possibility that this drops to the real heavy resistance turned support at the $92ish area which is still a 10% drop...Patient you should be - Baby Yoda's...Happy Trading!!!!!!
I am looking closely at PYPL as well as SQ in the coming weeks...PYPL is looking interesting sitting on some heavy support/resistance area...It has tapped the 20MA once and is retesting again today with the premarket move up...We have upside potential to test the 50ma with is a 32% gain BUT there is also a possibility that this drops to the real heavy resistance turned support at the $92ish area which is still a 10% drop...Patient you should be - Baby Yoda's...Happy Trading!!!!!!