Apr. 20 at 8:37 PM
$PYPL Things are getting interesting now. On the daily chart, it’s just above the 100-day moving average and nearing the gap close. The stochastic oscillator on the daily chart is clearly overbought, but the MACD shows positive momentum continuing to rise, just above the zero line. On the weekly chart, it’s clearly testing the previous horizontal support level. A potential falling wedge is forming on the MACD.