PYPL Long

24 ส.ค. 2021

Ticker: PYPL
Notes: PYPL got rejected hard on that 21EMA and formed a doji on the daily. It's setting up for a base rally formation along w/ TTM Squeeze on smaller timeframes. We also broke out of this wedge and looking for a continuation.

Key Levels:

- Play the breakout of 21EMA w/ a target of 286-287 area (50SMA)
or
-Wait for a retest of this wedge breakout at 273 to long it.

-Huge gap above, so it can be the next target after cleaing 50SMA